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@TheMagaNetwork & http://MagaOneRadio.net Issues the #TrumpChallenge to Everyone on the #TrumpTrain to wear your #MAGA Swag Proudly in Public! By #ComingOutForTrump to show the #Left this is OUR #America & #WeThePeopleAreAwake & #WontBackDown via @peterboykin Since #Liberals Think they can attack “45” #Supporters because @RepMaxineWaters said so. I issue the #TrumpChallenge to Everyone on the […]
Tired of being Shadow banned and censored by social media? Are YOU NEXT? Just Google Search it: https://www.google.com/search?q=list+of+conservatives+banned+from+twitter This is why we need your help! Help Peter Boykin find and pay for legal defense against social media! http://gofundme.com/stopsocialmediabias The Twitter Account @BoykinForHouse is Still suspended by Twitter. BoykinForHouse.com Who needs Russian Collusion when you have Twitter […]
Founder of “Gays for Trump” running for North Carolina legislature Originally Posted by: “Raleigh GLBT Report” Sun Mar 11, 2018 4:28 pm (PDT) . Founder of “Gays for Trump” running for North Carolina legislature as a Republican Peter Boykin is Gay candidate to represent Greensboro in NC House of Representatives if Elected Gays for […]
Peter Boykin Candidate for NC House District 58 Gets Attacked By Liberal Gay (Media) about the T Lots of Articles Lately have come out from the Liberal Gay Media or the Media in General, all spreading the same info from the ONE interview Peter Boykin gave… they all point to one issue, (the same issue […]
After Milo’s fake scandal, Dr. Drew Pinsky pointed out the peculiar fact that that Milo’s scandal involved a pedophile VICTIM being accused of “endorsing pedophilia.” What an insightful man Dr. Drew is! You would think that gay journalists could also come to Milo’s defense after these ridiculous accusations. On the contrary, several gay newspapers–such as […]
Gays For Trump Organization Our Mission is to increase the amount of Gay Conservative Voices in American SocietyGaysForTrump News #GAYSFORTRUMP Exists…. Want to Find Out How? Hey Liberals I just proved #GAYSFORTRUMP Exists…. Want to Find Out How? As President of Gays For Trump.. I get asked a lot… just how many Gays voted for Trump […]
FILE PHOTO: Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 9, 2019. REUTERS/Brendan McDermid
April 18, 2019
(Reuters) – Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.
The 100 years since the Fed’s creation in 1913 is said to be the century of central banking. Well, since the 2008-2009 crisis, we’ve certainly lived through a decade of central banking. But with monetary policy taken to the limit to lift growth and inflation, can central banks do any more?
Of late, some of the economic and business confidence data is giving rise to hopes rate-setters might just be able to hold fire on further action for now. German and Japanese PMIs ticked modestly higher from March, and from China to the United States, the hope is that spring will bring some green shoots on the economic front. Central banks in Japan, Canada and Sweden hold meetings in coming days so we may get some clues on what they are thinking.
ECB Vice President Luis de Guindos and Olli Rehn, widely tipped to succeed ECB Governor Mario Draghi, will also be quizzed on the subject at upcoming speeches, especially since sources tell Reuters “a significant minority” of ECB rate-setters doubt any recovery is underway. Central bankers in Australia and New Zealand have sounded similarly gloomy. A decade of central banking and planning is not over yet
(GRAPHIC: ECB balance sheet – https://tmsnrt.rs/2Hz4sUC)
(GRAPHIC: The Federal Reserve’s balance sheet – https://tmsnrt.rs/2ULcay0)
The working thesis through the early months of 2019 was that U.S. economic growth would continue to tail off as tailwinds faded from last year’s $1.5 trillion tax cut and headwinds picked up from a weaker global economy, partial federal government shutdown and trade wars. Indeed, that looked to be the case as most economic data through the first quarter fell short of forecasts. As a result, Citigroup’s U.S. economic surprise index came to near the most negative in around two years.
But one closely tracked gauge of quarterly gross domestic product, the Federal Reserve Bank of Atlanta’s GDPNow model, has rebounded sharply in recent weeks and may be signaling that the advance reading of first quarter GDP may not be quite so grim.
A month ago, GDPNow estimated an annualized 0.2 percent growth, which would have been the lowest since a one-off GDP contraction in the first 2014 quarter. Now the model forecasts quarterly growth will come in at 2.4 percent. That would not only top current estimates of 1.8 percent but would mean growth actually accelerated from the fourth quarter’s 2.2 percent.
One factor behind the turnaround was a surprise narrowing in the U.S. trade deficit as Chinese imports plunged in the face of President Donald Trump’s tariffs. By some estimates, trade could now contribute as much as one percentage point to first quarter GDP after being a washout in the fourth quarter.
(GRAPHIC: U.S. GDP – in for a surprise? – https://tmsnrt.rs/2VPQsJN)
As we said above, central banks don’t have much ammunition left in their arsenal. The toolbox is probably lightest at the Bank of Japan.
At the G20 meeting in Washington, BOJ Governor Haruhiko Kuroda said he was ready to expand monetary stimulus if needed. But he also said he had no plans to change the central bank’s forward guidance, or the message it sends to signal policy intentions to financial markets. To many, that sounded like a man backed into a corner.
Kuroda has a chance to prove otherwise at the upcoming BOJ meeting. Expectations are thin though, given the BOJ’s balance sheet is already bigger than the country’s economy and Japanese financial institutions are suffering immense pain from the prolonged monetary easing.
The world’s No. 3 economy may have contracted in the first quarter, and whether it recovers depends much on first, whether China recovers too and second, on whether the trade conflict between the other two powers sharing the podium reaches a resolution.
(GRAPHIC: BOJ’s bloated balance sheet limits further easing – https://tmsnrt.rs/2DjVE16)
3/TAKING A DIP IN EUROPE
The United States is widely seen as heading into an earnings recession (defined as two straight quarters of negative year-on-year earnings growth) but Europe might, at least for now, escape one.
European firms are expected to deliver their first quarter of negative earnings growth since 2016 – the latest I/B/E/S Refinitiv analysis predicts Q1 earnings to fall 3.4 percent year-on-year. But it expects results to pick up again in Q2.
So despite this quarter’s poor outcome, hopes for a bounce-back could keep equities buoyant. After all, sentiment is already rock bottom – investors surveyed by Bank of America Merrill Lynch named “short European equities” the most crowded trade for the second month running.
The auto sector will be in focus in coming days with a flurry of earnings from Michelin, Continental, Daimler, Peugeot, and Renault. These stocks are particularly sensitive to growth in China and will be watched as the stirrings of a recovery were felt in recent Chinese GDP data .
(GRAPHIC: Earnings chart latest April 17 – https://tmsnrt.rs/2Ip8LCj)
5/ RUSSIAN ROULETTE
The past two years have seen an increasingly bitter rift open up between President Donald Trump’s Republican supporters and his Democrat critics over the alleged collusion between Russia and Trump’s campaign in the 2016 U.S. election.
That may not be defused even after Special Counsel Robert Mueller’s 400-page report on the subject is unveiled by Atttorney General William Barr. He has already told lawmakers the investigation “did not establish that members of the Trump campaign conspired or coordinated with the Russian government in its election interference activities.”
But that is unlikely to stop U.S. politicians from continuing their clamor for sanctions against Russia. As for investors, their appetite for Russian assets has not so far been dented. After plummeting last year, foreign buying of rouble-denominated government bonds has recovered sharply so it remains to be seen whether that bullishness continues.
Meanwhile, Ukraine — the reason behind the original 2014 sanctions on Russia — looks set to elect comedian Volodymyr Zelenskiy as president. Could the election of a new leader bring about some rapprochement between Kiev and Moscow? Watch this space.
(GRAPHIC: Foreign investors dipping their toes back in OFZs – https://tmsnrt.rs/2XiDZyC)
(Reporting by Dan Burns in New York, Marius Zaharia in Hong Kong; Sujata Rao, Helen Reid and Tom Arnold in London; Editing by Andrew Cawthorne)
FILE PHOTO: Japan’s Minister of Economic Revitalization Toshimitsu Motegi speaks during the signing agreement ceremony for the Trans-Pacific Partnership (TPP) trade deal, in Santiago, Chile March 8, 2018. REUTERS/Rodrigo Garrido
April 18, 2019
TOKYO (Reuters) – Japanese Economy Minister Toshimitsu Motegi said on Thursday he might travel to the United States next week to meet U.S. Trade Representative Robert Lighthizer.
If a meeting does take place, it would happen before a summit of Japanese Prime Minister Shinzo Abe and U.S. President Donald Trump, Motegi added.
Motegi and Lighthizer are negotiating for a trade pact the U.S. government hopes will lower its trade deficit.
(Reporting by Stanley White; Editing by Clarence Fernandez)
FORT LAUDERDALE, Fla. – Attorneys for the suspect in last year’s Florida school massacre will ask a judge to let them question his former mental health counselors without prosecutors present.
Attorneys for Nikolas Cruz are scheduled Thursday to ask Judge Elizabeth Scherer for permission to question the counselors without notifying prosecutors or allowing their attendance. The counselors treated Cruz before the Feb. 14, 2018, massacre at Marjory Stoneman Douglas High School that left 17 dead.
The attorneys wanted to question them informally, but their employer said they would only comply if subpoenaed. That would require prosecutors’ attendance. Cruz’s attorneys say that would hinder their ability to prepare his defense.
Prosecutors say there is no exception to the rule allowing their attendance.
The 20-year-old defendant has offered to plead guilty for a life sentence. Prosecutors want the death penalty.
Source: Fox News National
The Woodland Park Police Department began its search on February 25, excavating a deep plot at Midway Landfill in the city of Fountain. Police failed to find any bones, teeth or other DNA remains of the former mom and flight instructor. Colorado Bureau of Investigations contacted Waste Management as early as January about a possible search, ABC 7 Denver reported.
Frazee, 32, is charged for the murder of the 29-year-old mother of his child. During a February 19 preliminary hearing, prosecutors alleged that Frazee beat Berreth to death with a baseball bat at her home, set her body on fire at the property and then used a tote to dispose of her remains at either the landfill or a nearby river, ABC 7 Denver reported.
Frazee’s girlfriend, Krystal Lee Kenney, admitted to witnessing Frazee set Berreth’s body ablaze, investigators testified. Kenney told police that Frazee repeatedly asked her to murder Berreth and later demanded she come to Colorado to help him clean up blood at Berreth’s home. The former Idaho nurse also recalled Frazee talking about disposing of Berreth’s charred remains at either a dump of a landfill, investigators said.
Berreth was last seen alive on Thanksgiving Day. Security camera footage showed her shopping at a Safeway supermarket with her 1-year-old daughter, Kaylee. Police began to search for Berreth on December 2 when her mother reported her missing. Police launched a wider investigation after Berreth’s phone pinged in Gooding, Idaho days after her disappearance.
Berreth’s parents also filed a wrongful death lawsuit against Frazee, alleging he murdered their daughter as part of a custody battle. Frazee faces two counts of murder and three counts of solicitation to commit murder, as well as tampering with a deceased body and two crime of violence sentence enhancers, ABC 7 Denver reported. He will be arraigned in Teller County court on May 24, and no trial date has been set.
Fox News’ Katherine Lam and the Associated Press contributed to this report.
Source: Fox News National
FILE PHOTO: The logo of Samsung Electronics is seen at its office building in Seoul, South Korea, March 23, 2018. REUTERS/Kim Hong-Ji
April 18, 2019
PARIS (Reuters) – Samsung Electronics could become one of Orange’s providers for a possible 5G telecoms frequency in France, said Orange’s head Stephane Richard on Thursday.
France’s 5G telecoms frequencies auction should start later this year.
France’s four main telecoms operators – leader Orange, Bouygues Telecom, Altice Europe’s SFR and Iliad – regularly compete in costly spectrum auctions, which allow wireless carriers to develop networks.
(Reporting by Gwenaelle Barzic; Editing by Sudip Kar-Gupta)
TOKYO – North Korean leader Kim Jong Un is cautiously turning up the heat after his unsuccessful summit with President Trump in Hanoi two months ago.
Returning to military optics for the first time in five months, Kim on Tuesday paid a surprise visit to an Air Force base to inspect fighter combat readiness and followed that up the next day by supervising the test of what the North’s official media described ominously but ambiguously — and without any photos or video — as a new type of “tactical guided weapon.”
The military-related posturing comes after Kim expressed deep disappointment earlier this month with what the North claims was an inflexible, “gangster-like” demands by the U.S. in Hanoi.
It also comes amid reports that Kim may hold his first summit with Putin next week in Vladivostok, in the Russian Far East.
Putin has been something of an outsider over the past year as Kim has held multiple summits with the leaders of China, the United States and South Korea. But he could provide important political cover or economic aid for Pyongyang — and a potential headache for Trump — if he chooses to play a bigger role.
Though Kim claims he still has a good personal relationship with the U.S. president, he and senior North Korean officials have shown increasing frustration with Trump’s top advisers, Secretary of State Mike Pompeo and national security adviser John Bolton.
“The Hanoi summit gives us a lesson that whenever Pompeo pokes his nose in, the talks go wrong without any results even from the point close to success,” Kwon Jong Gun, director general of the American desk at the North’s Foreign Ministry, was quoted as saying on Thursday. “I wish our dialogue counterpart would be not Pompeo but (some) other person who is more careful and mature in communicating with us.”
In an address to the Supreme People’s Assembly, the North’s version of parliament, Kim gave the U.S. until the end of the year to come up with a more mutually acceptable negotiation strategy.
For Pyongyang, that would mean lifting the sanctions it has imposed against the North over its development of nuclear weapons and missiles capable of reaching the U.S. mainland.
Kim indicated, however, that he would in the meantime maintain his self-imposed moratorium on nuclear tests and long-range missile launches and he appears to be standing by that vow.
U.S. military officials said they did not detect any significant missile launches on Wednesday and the North’s description of the “newly developed ultramodern tactical weapon” suggested it might have instead been an anti-tank guided missile or other short-range system.
If so, it was likely intended to be a response to recent military drills by U.S. and South Korea.
Just before the reports of the weapon test, a North-run propaganda website said the drills fuel “the mood for a fight and risks of war.”
Washington and Seoul have renamed and scaled back their joint maneuvers since early last year, when the South hosted the Winter Olympics. They have continued that policy since Kim’s first summit with Trump, in June last year, but the North claims even the smaller versions run counter to the spirit of dialogue.
Since Hanoi, Kim and senior North Korean officials have also been openly critical of South Korea and efforts by President Moon Jae-in to play the role of middleman, saying he has adhered too closely to his American allies and dragged his feet on inter-Korean projects that would provide the North with crucial investment to build its sagging infrastructure.
Moon has expressed an eagerness to engage with the North on such projects, but Washington wants it to stick to sanctions.
North and South Korean leaders have met three times and Moon has said he is ready to meet again at any time. Trump has also suggested he wants a third summit. But there are growing worries that the progress could be killed by mismatched demands between Washington and Pyongyang over sanctions relief and disarmament.
Washington says it won’t allow the North’s desired sanctions relief until the nation commits to verifiably relinquishing his nuclear facilities, weapons and missiles. Kim has shown no signs that he’s willing to give away an arsenal he may see as his strongest guarantee of survival.
Talmadge is the AP’s Pyongyang bureau chief. Follow him on Twitter and Instagram: @EricTalmadge
Source: Fox News World
U.S. and Japanese officials say that speculations that foreign adversaries are after the wreckage of a downed F-35A stealth fighter in Asia are so far unfounded.
The Japanese F-35 stealth fighter jet disappeared from radar over the Pacific Ocean earlier this month during a night training flight.
Some wreckage of the aircraft was found last week. Maj. Akinori Hosomi, the pilot, is missing and the U.S. is assisting in the search.
The missing jet prompted security concerns and fears that China or Russia could discover the wreckage.
“If one of Japan’s F-35s is sitting at the bottom of the Pacific, we are probably about to see one of the biggest underwater espionage and counter-espionage ops since the Cold War. If it was operating without its radar reflectors pinpointing where it went in may be an issue,” tweeted Tyler Rogoway, editor of The War Zone.
“It could present problems depending on what is recovered, when it is recovered and, above all, in which conditions, after impacting the surface of the water,” Rome-based aviation expert, pilot, and former Italian Air Force officer David Cenciotti told Fox News. “The F-35 is a system of systems and its low observability/stealthiness is a system itself.”
Both the U.S. and Japanese officials, however, dismissed the speculations as unfounded, saying that the U.S. military hasn’t seen evidence of any hostile powers trying to get hold onto the wreckage.
“There has been a lot of wild speculation in the media about other countries racing to find the wreckage,” a U.S. military official told the Stars and Stripes. “To date, we’re not seeing it, but we continue to monitor.”
“There has been a lot of wild speculation in the media about other countries racing to find the wreckage. To date, we’re not seeing it, but we continue to monitor.”
The official echoed Japan’s Defense Minister Takeshi Iwaya remarks to reporters last week, saying there’s no evidence that other governments are seeking for the lost plane.
“We have been watching the activities of foreign aircraft and vessels in the area surrounding our country 24 hours and 365 days, but we have not confirmed any unusual cases,” he said, according to the outlet.
Fox News’ James Rogers and the Associated Press contributed contributed to this report.
Source: Fox News World
TOKYO – Japan’s top court has rejected an appeal by former Nissan Chairman Carlos Ghosn’s lawyers against his extended detention after his fourth arrest on allegations of financial misconduct.
The decision Wednesday, conveyed to foreign media on Thursday, turns down the appeal by Ghosn’s lawyers against an extension of his detention through April 22 that was approved Monday by the Tokyo District Court.
Ghosn, first arrested in November, was released March 6 on bail, but was arrested again on April 4.
He is charged with under-reporting his retirement compensation and with breach of trust. He denies any wrongdoing.
Ghosn led Nissan for two decades, turning around the company from near-bankruptcy. Last week, Nissan’s shareholders voted to remove him from Nissan’s board.
Source: Fox News World
FILE PHOTO: The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke
April 18, 2019
FRANKFURT (Reuters) – Daimler is seeking 6 billion euros ($6.75 billion) in cost savings and efficiency gains by 2021 at Mercedes-Benz passenger cars and a further 2 billion euros at Daimler Trucks division, Manager Magazin said on Thursday.
Daimler declined to comment on the cost savings figure and on the Manager Magazin report.
The cost savings are being sought by Daimler’s Ola Kaellenius, who will become Chief Executive in May, Manager Magazin said, without citing sources.
In February Daimler said it would pursue cost savings measures after fourth-quarter operating profit plunged by 22 percent, hit by trade wars, rising costs for developing electric cars and an industry downturn.
Around 30,000 Mercedes-Benz cars with faulty vehicle electronics were produced at its plant in Tuscaloosa, Alabama, requiring expensive reworking and delays, Manager Magazin said.
The delayed production at Tuscaloosa has led to a revenue shortfall of around 2 billion euros, and could depress first quarter earnings by up to half a billion euros, Manager Magazin said.
Daimler is due to release first quarter earnings on April 26.
Daimler also plans to become a carbon neutral company by 2040, ensuring that all new cars, production methods, and suppliers will work in a way which do not produce carbon dioxide emissions, Manager Magazin said.
Separately, Kaellenius will not renew common projects with French carmaker Renault and Nissan, letting an alliance between the carmakers lapse, the magazine said.
(Reporting by Edward Taylor; Editing by Michelle Martin)
Kamala Harris expressed regret this week over a 2011 anti-truancy law she supported that put some parents in jail while she was California’s attorney general.
Speaking on the podcast “Pod Save America,” Sen. Harris said the law was never intended to punish parents for their child’s chronic truancy, but rather to get students on the right track in the classroom. She admitted, however, that it had “unintended consequences.”
“My regret is that I have now heard stories where in some jurisdictions, DAs have criminalized the parents. And I regret that that has happened,” she said, which aired Wednesday. It marks the first time Harris has shown remorse over the law, The Los Angeles Times reported.
The law is an example of difficult questions Harris may face from progressive voters concerned with prison reform.
It’s not the first time Harris’ prosecutorial past has come under the microscope. Earlier this month, a New York Times op-ed writer claimed Harris has fought to uphold wrongful convictions as attorney general. She has also been criticized for her defense of the death penalty as attorney general only to say she would call for a federal moratorium of the death penalty if she were elected president.
Harris made it clear that no parents were arrested while she was district attorney in San Francisco and the arrests were in jurisdictions outside of hers.
Source: Fox News Politics