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Global equity markets fell on Monday as a U.S. crackdown on China's Huawei Technologies led chipmaker stocks in Europe and on Wall Street to slide on fears of a widening trade war, while the dollar was steady before fresh insight on the Federal Reserve's interest rates policies this week. China accused the United States of harboring "extravagant expectations" for a trade deal, underlining the gulf between the two sides as the U.S. action last week against Huawei began to hit the global tech sector. Alphabet Inc's Google suspended some business with Huawei, Reuters reported, and Lumentum Holdings Inc, a major supplier of Apple Inc's face ID technology, said it had discontinued all shipments to Huawei.
In an opinion released Monday, the Department of Justice's Office of Legal Counsel ruled that former White House counsel Donald McGahn is "not legally required" to testify to Congress on matters related to Special Counsel Robert Mueller's report."The immunity of the President's immediate advisors from compelled congressional testimony on matters related to their official responsibilities has long been recognized and arises from the fundamental workings of the separation of powers," the opinion stated.McGahn featured prominently in Mueller's final report, released last month. His assertion that President Trump directed him to have the Justice Department fire Mueller drew particular attention as an instance in which Trump may have attempted to obstruct justice. In the days following, House Judiciary Committee chairman Jerry Nadler subpoenaed him for documents and testimony related to that claim.Mueller ultimately found that the Trump campaign had not colluded with Moscow to influence the 2016 presidential election, but refrained from reaching a conclusion on whether the president obstructed justice during the investigation.White House Press Secretary Sarah Huckabee Sanders cited the memo Monday and said the administration has directed McGahn to "act accordingly" with the DOJ's statement."This action has been taken in order to ensure that future Presidents can effectively execute the responsibilities of the Office of the Presidency," Sanders said in a press release. "The Democrats do not like the conclusion of the Mueller investigation - no collusion, no conspiracy, and no obstruction - and want a wasteful and unnecessary do-over."
Salem Sabatka, 8, was found safe and the 51-year-old man accused of abducting her was taken into custody, according to Texas police.
A wild, rugged, mountainous region of Slovakia dotted with plunging waterfalls and lakes and hiking trails has been named the top European destination of 2019 by the travel experts at Lonely Planet.
The Tomahawk and its controversies might make headlines, but as the U.S. Navy re-arms for high-tech warfare, the SM-6 is the missile to watch.The U.S. Navy in late January 2019 confirmed the designation of its newest cruise missile, in the process clarifying its long-term plan for arming its growing fleet of warships.The plan heavily leans on one missile, in particular. It's the SM-6, an anti-aircraft weapon that quickly is evolving to perform almost every role the Navy assigns to a missile.(This first appeared earlier in the year.)The Navy dubbed the newest version of the venerable Tomahawk cruise missile the "Block V" model, Jane's reported. There are two separate variants of the Block V missile, one with an anti-ship warhead and another with a warhead the Navy optimized for striking targets on land.Raytheon's Tomahawk has been the subject of controversy in Washington, D.C. In order to save money the Obama administration wanted to pause production of the long-range missile, which since the 1980s has been the Navy's main weapon for striking land targets from the sea.Congress overruled the Obama administration and continued buying Tomahawks for roughly $1 million apiece, adding potentially hundreds of the missiles to the thousands the fleet already possesses.
An explosion targeting a tourist bus injured at least 12 people on Sunday, mostly South African tourists, near a new museum being built close to the Giza pyramids in Egypt, two security sources said. A third security source said the bus was carrying 25 South African tourists from the airport to the pyramids area, and that four Egyptians in a nearby car were also injured by broken glass. Security and judicial sources said a rudimentary device containing nails and pieces of metal had been detonated remotely on the perimeter of the Grand Egyptian Museum, not far from the site of a roadside blast that hit another tourist bus in December.
BAGHDAD (AP) — A rocket was fired into the Iraqi capital's heavily fortified Green Zone Sunday night, landing less than a mile from the sprawling U.S. Embassy, an Iraqi military spokesman said.
After being raped by a co-worker two years ago, Samantha Blakely had an abortion. The 25-year-old Blakely is among women speaking out after the conservative southern US state adopted the toughest anti-abortion legislation in the country. The Alabama bill, which takes effect in November unless it is blocked in the courts, places a near-total ban on ending a pregnancy, even in cases of rape and incest.
The crash happened as the pilot was landing following a routine training mission, March Air Reserve Base Deputy Fire Chief Timothy Holliday said.
Rescuers successfully talked down a man who scaled the upper heights of the Eiffel Tower on Monday, forcing the monument's evacuation, and handed him over to police. Television channels ran live shots as rescuers perched on the 324-metre (1,063-foot) tower's wrought-iron struts, just below the highest viewing platform, tried to persuade the unknown man to give himself up. The lattice tower, named after its designer and builder Gustave Eiffel, is one of the world's most recognizable landmarks.
A gang of gunmen reportedly attacked a bar in the capital of Brazil's northern Pará state Sunday afternoon, and authorities said 11 people were killed.The state security agency confirmed late Sunday only that six women and five men died in the incident in the Guamá neighborhood of the Pará state capital, Belém.The G1 news website said police reported that seven gunmen were involved in the attack, which also wounded one person. The news outlet said the attackers arrived at the bar on one motorcycle and in three cars.In late March, the federal government sent National Guard troops to Belém to reinforce security in the city for 90 days.Brazil hit a record high of 64,000 homicides in 2017, 70% of which were due to firearms, according to official statistics.Much of Brazil's violence is gang related. In January, gangs attacked across Fortaleza, bringing that city to a standstill with as commerce, buses and taxis shut down. (AP)See more news-related photo galleries and follow us on Yahoo News Photo Twitter and Tumblr.
I have nothing against old people — I'm one of them. But maybe it's time to add a maximum age limit to our minimum age requirement for our presidents.
Indian stocks zoomed to a record and the rupee and sovereign bonds climbed after exit polls signaled Prime Minister Narendra Modi’s ruling coalition is poised to retain power. The S&P BSE Sensex rallied 3.8% to a new high, its second in over a month, as exit polls predicted a comfortable majority for the Bharatiya Janata Party and its allies. A gauge of stock-market volatility slumped, the rupee rose the most since December and the yield on benchmark 2029 bonds slid eight basis points.
Text messages sent by a U.S. Border Patrol agent before he knocked over a migrant with a pickup truck showed he called migrants “subhuman,” and “savages,” according to federal court documents.
The move comes after China's CRRC Corp Ltd
Qatari state-funded broadcaster Al Jazeera suspended two journalists on Sunday over a video they produced claiming the extent of the Holocaust was being misrepresented by Jews. The clip, posted by Al Jazeera's online AJ+ Arabic service, claimed "the narrative" that the Nazis killed six million Jews was "adopted by the Zionist movement". The video said that "along with others, the Jews faced a policy of systematic persecution which culminated in the Final Solution".
Alabama Gov. Kay signed the near-total ban Wednesday, a day after lawmakers declined to add exceptions into the ban for cases of rape or incest.
It was only about two months ago that Richard Yu, the CEO of Huawei's consumer products division, was telling a German newspaper that the beleaguered Chinese smartphone brand had been prepping a mobile OS as a kind of Plan B if the company ever got cut off by Google from relying on Android.He probably didn't expect the turn of events to lead to that outcome so soon, but it appears that day may have nevertheless suddenly arrived. Google has reportedly decided to cut ties with Huawei, which means the company has just lost its Android license, and its devices will no longer receive Android updates -- nor will its future handsets be able to access Google apps as well as the Google Play Store.Reuters was the first on Sunday to report this significant development in the ongoing flap between Huawei and Western governments and companies fearful that the company is a proxy for China's central government, as well as its national security apparatus. The report speculates this move by Google could "hobble" Huawei's ascendant smartphone business -- if true. That "if," of course, being important to stress, because the report seems to rely on a single source familiar with the matter.Huawei, that source told the news agency, "will only be able to use the public version of Android and will not be able to get access to proprietary apps and services from Google."The news follows Thursday's move by the Trump administration to add Huawei to a trade blacklist that immediately restricts its ability to do business with US companies. Google's move doesn't cut Huawei completely off from Android, as it will still have access to the version available through the Android Open Source Project, but the company as noted would lose some of the other benefits of a relationship with Google.The US and Huawei have for months now been at odds in a standoff that stems from the US trade flap with China. The effects of that trade tension on Huawei itself have involved everything from the US pressuring allies to cut ties with Huawei to the unveiling of criminal charges against company officials.https://twitter.com/HuaweiFacts/status/1129617257716305921Huawei has definitely been worried about this outcome for a while now. Huawei's rotating chairman Eric Xu told Reuters back in March in a display of defiance against this possible turn of events that, "No matter what happens, the Android Community does not have any legal right to block any company from accessing its open-source license."
Ford plans to cut 7,000 jobs, or 10 percent of its global workforce, as part of a reorganization as it revamps its vehicle offerings, the company said Monday. The reorganization will involve some layoffs and reassignments and should be complete by the end of August, a Ford spokeswoman said. Ford has been phasing out most sedan models in the United States as more consumers have opted for pickup trucks and sport utility vehicles.
Created by the custom shop Himalaya, this Defender is a Land Rover like you've never seen before-complete with a Chevy V8 and a Jeep steering box.From Popular Mechanics
* Paper detailed staff concerns over Trump and Kushner entities * President claims he doesn’t need banks or money from RussiaDonald Trump described the reporting as ‘phony’ and called Deutsche Bank ‘very good and highly professional’. Photograph: Saul Loeb/AFP/Getty ImagesDonald Trump sought on Monday to discredit a New York Times report that Deutsche Bank employees flagged concerns over transactions involving legal entities controlled by the president and his son-in-law, Jared Kushner.The Times said the nature of the transactions was not clear and that the bank ultimately took no action. Some of the transactions involved money flowing back and forth with overseas entities or individuals, some in Russia.Trump claimed he did not “need or want banks” and does not receive money from Russia.Congress and New York state are investigating the relationship between Trump, his family and Deutsche Bank, and demanding documents related to any suspicious activity.Trump has sued in court in an attempt to block House subpoenas for his financial records that were sent to Deutsche Bank, Capital One and the accounting firm Mazars.The Times report said anti-money-laundering specialists at Deutsche Bank recommended in 2016 and 2017 that multiple transactions be reported to a federal financial-crimes watchdog.Citing five current and former Deutsche Bank employees, the report said executives at the German-based bank, which has lent billions to Trump and Kushner companies, rejected the advice and the reports were never filed.Earlier this month, the Times obtained tax information which showed his businesses lost more than $1bn from 1985 to 1994. Trump has refused to release more recent tax returns or to comply with House subpoenas for them.Trump rejected and ridiculed that story. In his Monday tweets, he claimed not to need banks as he “made a lot of money and buys everything for cash”.He also said the “fake media … always uses unnamed sources (because their sources don’t even exist)”.But one former Deutsche Bank employee, Tammy McFadden, who reviewed some of the transactions, spoke to the Times on the record. She said she was fired last year after raising concerns about the bank’s practices, the Times said.McFadden said concerns she raised included contacts between Kushner Companies and Russian individuals in summer 2016. Deutsche Bank has been fined for laundering billions of dollars for Russians.In his report on Russian election interference released in redacted form last month, special counsel Robert Mueller did not find that Trump conspired with Moscow. But he did lay out extensive contacts between Trump aides and Russia.On Monday, Trump tweeted: “The new big story is that Trump made a lot of money and buys everything for cash, he doesn’t need banks. But where did he get all of that cash? Could it be Russia? No, I built a great business and don’t need banks, but if I did they would be there.”Trump also called the Times reporting “phony” and called Deutsche Bank “very good and highly professional”.Deutsche Bank denied the report but it contributed to shares falling to a record low. Shares in the German lender were down by 2.8% at the time of writing. The bank was recently forced to abandon merger plans with Commerzbank. It has also struggled to turn around its corporate and investment arms.The Times said the transactions in question, some of which involved Trump’s now-defunct foundation, set off alerts in a computer system designed to detect illicit activity, according to the former bank employees.Compliance staff members who reviewed the transactions prepared suspicious activity reports they believed should be sent to a unit of the US treasury that polices financial crimes, according to the newspaper.A spokeswoman for the Trump Organization told Reuters “the story is absolute nonsense”.“We have no knowledge of any ‘flagged’ transactions with Deutsche Bank. In fact, we have no operating accounts with Deutsche Bank,” she said.The newspaper said a Kushner Companies spokeswoman called any allegations of relationships involving money laundering “made up and totally false”.
Republican Rep. Justin Amash is now facing two challengers for his 2020 seat following tweets he posted over the weekend.