News & Comments: 06/07/16

Tuesday, June 7, 2016

#Brazil - Dilma Rousseff: 'No legal grounds for this impeachment' - Talk to Al Jazeera

Published on 7 Jun 2016

Dilma Rousseff, the former leftist guerrilla who became the first woman president of Latin America's largest country, is now fighting for her political survival.

Brazil's immensely popular former president Luiz Inacio Lula da Silva, chose his chief of staff to carry on with his legacy of economic growth with social justice.

But it didn't last. By the time Rousseff began her second term in 2015, Brazil was in turmoil.
Now Rousseff has been suspended to face an impeachment trial - abandoned by her allies and millions of Brazilians who accuse her of driving the nation's once healthy economy into the ground and of turning a blind eye to corruption within her own left-wing party.

It's the material political soap operas are made of: almost daily corruption scandals are splattering every political party, most recently, that of interim President Michel Temer.

This week, more leaked phone conversations revealed that two of his top ministers, including the man in charge of combatting corruption, were apparently trying to derail ongoing investigations into a multi-billion dollar bribery scheme.

Temer, who was until last month the vice president, turned against Dilma Rousseff, so she could face impeachment.

Rousseff is charged with having tampered with fiscal accounts to hide a massive budget deficit in order to get re-elected.

Yet, unlike a great many of those seeking her impeachment, she is not being accused of stealing money for herself.

In fact at least 60 percent of Brazilian lawmakers are under investigation or indictment for crimes ranging from attempted murder to massive corruption, including the president of the senate who will be overseeing the impeachment trial.

Rousseff claims her enemies are punishing her for refusing to block corruption investigations, but will the latest scandals involving the interim government be enough to save her?

Al Jazeera's Lucia Newman speaks to President Dilma Rouseff in Brasilia as the suspended leader faces a controversial impeachment trial which could remove her permanently from the presidency.

Rouseff discusses why she'll fight to be reinstated, the political fragmentation in the country, and what she plans to do to earn back the trust of the Brazilian people if she wins the Senate vote.
More from Talk To Al Jazeera on:

Princess Diana's Former Royal Chef Opens Up [EXCLUSIVE] ABC News

Published on 7 Jun 2016

Darren McGrady takes us inside the life of the beloved royal and reveals what Diana was like in the kitchen.

Miton Group (LON:MGR) Williams on the Diverse Income Fund’s growth: ProactiveInvestors Stocktube

Published on 7 Jun 2016

Gervais Williams, fund manager at Miton Group PLC (LON:MGR) says for fund managers it is all about “growing that dividend” as “good and growing income is really what’s driving the market at the moment”.
He says the diverse income fund, which returned 4% last year to investors, is “very open minded” as long as there is dividend growth.

The fund buys both FTSE100 companies, such as Legal & General Group plc (LON:LGEN), but also AIM stocks, which Williams says are “particularly under discovered”.

Around 15% is invested in FTSE100 companies, slightly higher than last year due to BREXIT uncertainties, but 65% remains in “small-micro” where Williams sees “the best opportunities”.

http://www.4-traders.com/MITON-GROUP-PLC-4004825/
www.mitongroup.com/

Stocks at Highest Level This Year, Verizon Makes Offer for Yahoo: TheStreet

Published on 7 Jun 2016

Stocks head into the trading day at the highest levels this year. Indexes rallied to 2016 highs as Federal Reserve Chair Janet Yellen said interest rate hikes were needed but hedged on the timing of those. Verizon plans to submit a second-round bid of around $3 billion for Yahoo core internet business, which was much less than the $8 billion or so that was expected. The Wall Street Journal says a private equity firm, TPG Capital, is also expected to make an offer. There could be another round of bidding before a decision is made. Valeant reported its delayed first quarter results. Results missed the mark and will cut its full year earnings and revenue guidance. The new CEO said the company is making progress in stabilizing its business, which has been through controversy over price increases, questions about accounting and concerns over the use of a mail-order pharmacy.

Why We're Watching Valeant Pharmaceuticals: TheStreet

Published on 6 Jun 2016

Valeant Pharmaceuticals is set to release results before the bell Tuesday. Analysts are anticipating the Botox maker to report adjusted earnings of $1.36 a share, that's down $1 from a year ago. Revenue estimates for this quarter are expected to grow about 8.7% to about $2.4 billion. Tuesday is Valeant's second quarterly report since its pricing and compliance scandals were revealed. The Fill or Kill team will be keeping a close eye on whether or not Valeant will beat top and bottom line estimates.. and if there is any further information on how the drug maker plans to reduce its debt.

#South Africa - Britain and Australian govt warns citizens in SA after US terror alert: SABC Digital News

Published on 7 Jun 2016

Britain and Australia have urged their citizens to exercise high levels of caution while visiting South Africa.
Both countries updated their travel advisories for South Africa Monday.

It follows a warning by the US government over the weekend.

US embassies said it had received information that terrorists were planning attacks on places frequented by foreigners visiting Johannesburg and Cape Town, such as shopping malls.

The British embassy in Pretoria says the revised advisory should not be seen as a terror alert.
Earlier, the ministry of State Security, confirmed that they view the US government's warning in a serious light.

The department added that terrorism is a concern globally.

Meanwhile South Africans are unsure of weather or not to take the United States terror alert seriously.
We spoke to the Director of the Afro Middle East Centre, Na'eem Jeenah.

Ukraine - Rehab For Wild Ones: Helping an eagle fly again: UKRAINE TODAY

Published on 7 Jun 2016

A new treatment and recovery facility is now open in western Ukraine. But... its patients aren't whom you would think of right away. Getting healthy again is the priority for these wild animals, most of whom are listed in the Red Book of Endangered Species.

Halych National Nature Park located in western Ukraine is set to become the new home of two eagles and buzzards.

The birds all have a reason to come here. All of them fell victim to street photographers seeking quick cash from unsuspecting tourists. In an unprecedented court case launched by the Halych National Nature Park staff, the judge ruled against the photographers ordering the birds to be immediately confiscated and sent to the rehabilitation facility.

#UK - How would Brexit affect you? | Guardian Explainers: The Guardian

Published on 7 Jun 2016

Membership of the European Union may come with certain strings attached, but there is a wealth of benefits to its citizens.

GrooveMe’s market “much larger” than a year ago, says Chair: ProactiveInvestors Stocktube

Published on 7 Jun 2016

Alex Worrall, chairman of 3D hologram maker GrooveMe, tells Proactive Investors that the company has “come a long way” in a year, with 27 artists and 72 songs recorded.

The technology has a wide range of potential uses, and Worrall says the company has been in talks in India with members of Bollywood, but also with politicians, yoga instructors and other high profile individuals who might use the technology to reach all 1.5bn people in the country.

“Although we still look at our model as being basically and fundamentally the core is musicians,” he says, “…the thing [market] has spread very much larger than [when] we started”.

Joining Worrall is director Edwin Philpott, who adds “the brand opportunities here, not only to work with exciting brands within the music industry itself but activate relationships with potential sponsors and people who are interested to use what Alex said is a new media is very exciting”.

“Trade what you see, not what you think” says BlackCabbieTrader: ProactiveInvestors Stocktube

Published on 7 Jun 2016

John Walsh, better-known as the BlackCabbieTrader, says the key for investors is to “trade what you see, not what you think”.

He says he invests for “weeks and months”, rather than a traditional day trader, and offers investors the opportunity to see his trades and replicate the trades themselves should they wish.

Walsh won a trading competition in 2011 by trading on technical data and charts, and he admits that he focuses on this so much that “I don’t even know what the companies do sometimes”.
To find out more about his trading style, investors can visit blackcabbietrader.com

#Afghanistan - broken promise: Amnesty International

Published on 31 May 2016

“My children will die this winter” – Afghanistan’s growing displacement crisis and the failed promise of a national IDP policy.

The intensifying conflict in Afghanistan has taken a devastating toll on ordinary Afghans, hundreds of thousands of whom have been forced to flee their home. In the space of little more than four years, the number of those internally displaced by conflict has more than doubled in the country and today stands at more than one million. With levels of violence showing no sign of abating, there is every reason to believe that this trend will only continue in the near future.

Amnesty International recognises that the Afghan government is facing enormous challenges in terms of the worsening security situation and the flagging economy. Endorsing the IDP Policy was a significant and welcome step, and the implementation of such a comprehensive policy was never going to be a fast or straightforward process. The lack of progress to date is, however, alarming, in particular at a time when the number of internally displaced has exploded. The Afghan government and its international allies must act now to respond to the growing displacement crisis.

#Malawi - Hunted For Their Body Parts: Amnesty International

Published on 6 Jun 2016

A surge in killings of people with albinism, whose body parts are used in ritual practices, has exposed a systematic failure of policing in Malawi and left this vulnerable group living in fear, Amnesty International has revealed in a new report.

The report, “We are not animals to be hunted or sold”: Violence and discrimination against people with albinism in Malawi”, reveals how the wave of violent attacks against people with albinism has increased sharply over the last two years, with four people, including a baby, murdered in April 2016 alone.

#Turkey - 11 killed, 36 injured in Istanbul bomb attack: PressTV News Videos

Published on 7 Jun 2016

At least 11 people have lost their lives in an explosion that ripped through the Turkish business and tourist hub of Istanbul on Tuesday.

According to Istanbul’s governor, seven of the victims were police officers who were killed when a remote-controlled bomb was detonated near their bus in the city’s historic quarter. Thirty-six others have been injured. The explosion damaged nearby buildings and some vehicles. There've been reports of shooting following the blast. There’s no immediate word about who is behind the attack. Several Turkish cities, including Istanbul and the capital Ankara, have been the scene of explosions by Daesh terrorists as well as PKK militants in recent months.

#España - Comando actualidad 'Trueque o negocio' RTVE .es

Published on 6 Jun 2016

El trueque como posibilidad de ahorro, como fórmula para darle otra vida a lo que ya no usamos y, también, como posibilidad de ganar dinero. Compartir en vez de comprar, una tendencia de consumo que va a más, que mueve miles de millones de euros, que está poniendo en jaque a algunos empresas tradicionales y que en España carece de un marco legal. En la noche de los martes en La 1 y en rtve.es.

#USA - How much will Clinton try to limit the Second Amendment? Fox News

Published on 6 Jun 2016

On 'Hannity,' insight into Hillary's plans to regulate guns

#USA - Museum of Broken Relationships Displays Objects of Lost Love: ABC News

Published on 7 Jun 2016

The Hollywood-based museum provides a place for people to donate unwanted items from past relationships.

#France - finance minister left with egg on his face as labour law protests continue; euronews (in English)

Published on 6 Jun 2016

Emmanuel Macron was left with egg on his face at an event in Montreuil.

France's Finance Minister was pelted with eggs when alleged supporters of the hardline CGT union closed in on him in the Parisian suburb.

Macron was launching a stamp to celebrate the 80th anniversary of the Popular Front movement, a party credited with giving French workers new rights.

But the inauguration came on the sixth day of rail disruptions and in the midst of months of upset nationwide over planned labour r…

#USA - Why We're Watching Devon Energy: TheStreet

Published on 6 Jun 2016

Devon Energy is selling properties in Texas and Oklahoma, with hopes to close the sales in the third-quarter. The largest transaction in the sale is for the assets in east Texas... which are worth about $525 million. Devon will use the funds to pay down its debt and boost growth. Real Money's Daniel Dicker believes Devon is 'finally acting like the kind of energy company that is worthy of your investment dollar.'

http://www.4-traders.com/DEVON-ENERGY-CORP-12382/

#USA - Greta is one of Forbes' 100 Most Powerful Women - again: Fox News

Published on 6 Jun 2016

What does it take to make the Forbes list of The World's 100 Most Powerful Women? Moira Forbes goes 'On the Record' to explain why Greta has consistently made the cut

#USA - Hillary Clinton 'secures Democratic Party nomination' euronews (in English)

Published on 6 Jun 2016

* *Clinton 'reaches 2383 delegate threshold'*
* *Historic moment becoming first female nominee of major US party*
* *Bernie Sanders vows to fight on*

Hillary Clinton has secured the number of delegates needed to win the Democratic Party nomination for president. The claim, made by the Associated Press (AP), comes ahead of today's final Super Tuesday of the campaign when she is expected to collect the rest of the pledged delegates and so-called superdelegates needed to take her past the 2383 th…
READ MORE : http://www.euronews.com/2016/06/07/hi...

Trading Video: Yellen Rejects Dollar Save, Brexit Speculation Rears Pound Volatility: Forex News by DailyFX

Published on 6 Jun 2016

Talking Points:

• Janet Yellen's speech Monday was the last strategic opportunity for the Fed to change rate forecasts - she demurred
• Brexit speculation explodes to start the week with another poll suggesting the 'Leave' campaign gaining
• The risk of an 'accidental' volatility event triggering larger financial move remains dangerously high

Read the full article here:
https://www.dailyfx.com/forex/video/d...