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Caitlin McFall | Video Journalist
The United States is blaming Iran for two attacks on oil tankers in the Gulf of Oman yesterday. Iranian President Hassan Rouhani has denied these accusations and accused the U.S. of posing “a serious threat to stability in the Middle East.”
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President Trump responded to Rouhanis statement on “Fox and Friends” this morning, saying, “Iran did do it, and you know they did it because you saw the boat,” in reference to footage released by the Navy that reportedly shows Iranian servicemen removing an unexploded mine.
Trump implemented tariffs against Iran back in April and accused the country in March of having a “military-industrial complex,” saying, “Well, Im the one that talks about these wars that are 19 years … you do have a military-industrial complex. They do like war. You know, in Syria, with the caliphate, so I wipe out 100% of the caliphate.”
Tune in to find out more about what is happening between the U.S. and Iran.
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It confirmed his suspicions that former general manager Brian Gaine targeted African American employees for dismissal and replaced them with people of other races, Pope said.Pope issued a lengthy account of his allegations Thursday after the Houston Chronicle reported that Pope had filed a discrimination complaint against the franchise with the Equal Opportunity Employment Commission.Gaine has not responded to CNN's request for comment.The Texans said on Thursday that Pope's allegation was not a factor in the decision to "relieve" Gaine of his job on June 7, and declined to comment on the complaint."The Houston Texans do not tolerate personal or professional discrimination of any kind," spokeswoman Amy Palacic said Thursday.The Texans made no mention of Pope's allegations when Gaine was fired on June 7. "While the timing may be unusual, this decision was made in the best interest of our organization in our quest to build a championship team for the City of Houston," the franchise said at the time.
Allegations of being sidelined at breakfast and in meetings
Pope said he started as a full-time security intern with the Texans in July 2016. He assisted the director of security in a variety of responsibilities, from implementing security policies and procedures for club-related events — training camp, practices and travel — to game day operations, according his statement.After his internship ended in April 2017, he was offered a full-time position as security coordinator and his responsibilities remained the same, he said. "All went as planned" during the 2017 season, Pope said, until General Manager Rick Smith announced he was taking a leave of absence and Gaine became general manager in January 2018. Pope said it didn't take long for him to suspect something was amiss. From February to April, six African American employees were fired, he said. In May, Pope briefly replaced another African American as interim director of security, until the role was taken over by Brent Naccara, a white man with years of experience as a special agent with the US Department of the Interior and the Secret Service. Pope said he was excluded from meetings he should have been part of. Naccara "would walk past me like he did not know me" with groups of law enforcement agents and contractors, Pope said. Meanwhile, Gaine "would not say much to me or several other minorities," Pope said. But Gaine had "in-depth conversations" with a white male intern, whom Pope started approaching for information "because the info would never get passed down from Mr. Naccara," Pope said. Then, in October, Pope said Naccara told him and other African American employees that Gaine did not want them eating breakfast in a cafe after a certain time "because the perception was that we were just 'hanging out.'"He thought the mandate extended to everyone. A few days later, Pope said he saw four white men eating breakfast together in the cafe."Every African American in the building understood that not too many of us could congregate or be seen interacting with each other even during lunch because iRead More – Source
Kareena Kapoor Khan has been on a vacation with husband Saif Ali Khan and son Taimur Ali Khan for a while now. A few days ago, the family was in Tuscany, where some of their picture-perfect moments were shared by Kareenas manager and friend Poonam Damania. Now, after enjoying the European vacation, Saifeena (as Saif and Kareenas fans address the couple) along with Taimur have reached London.
A video of them strolling on the streets of London was shot by a fan and shared on social media. In the video, Saif and Taimur seem to have joined the Veere Di Wedding actor on her shopping spree.
Later, Kareena was joined by her sister and actor Karisma Kapoor along with her two children, Kiaan Raj Kapoor and Samaira Kapoor. All of them spent some quality time together. Karisma shared a photo as they went for an outing and captioned it, “#love” She also postRead More – Source
Bollywood actor Rishi Kapoor will soon be returning to India to celebrate his 67th birthday, according to a report by the Mumbai Mirror. It has been nearly a year since Kapoor checked into a New York treatment centre for cancer.
“Yes, I am trying to return by August end, depending on what the doctors at the hospital say. I have recovered well and I am feeling good. Must be 100% fit by the time I am back,” Kapoor said.
A source also informed that he is currently enjoying his stay in the city and is also following the World Cup series as he is quite the cricket fan.
“He is 100% cancer-free, and under the doctors observation for the time being. He is staying at a private apartment and enjoying life in the Big Apple,” Mumbai Mirror quoted the source as saying.
In yet another wide-ranging week, Nifty oscillated in a 400-point range and ended with a modest cut. In our previous weekly note, we had raised concerns about Nifty failing to confirm an attempted breakout. In line with that analysis, the index did not show any intention to break above the critical resistance levels.
After moving in a broad range, Nifty ended with a minor loss of 47.35 points (-0.40%) on a weekly basis.
The broader technical setup does not paint a pretty picture for the market going forward. Though Nifty is facing resistance in the critical 12,000-12,040 zone, it remains in the upper band of the broader trading range. Along with this, VIX has lost another 6.48 per cent and trades at a multi-month low of 13.90. From the peak, VIX has corrected 51 per cent, while Nifty remains at elevated levels.
Along with this, fractured market breadth will prevent any sharp surge in the index. With a tepid start expected to the week, we will see the 12,950 and 12,040 levels act as a strong resistance for Nifty, while supports are likely to come in at 11,710 and 11,550 levels.
The weekly RSI stood at 62.24 and it remains neutral over the 14-day period. However, when the RSI is inspected visually beyond the 14-day period, it continues to show bearish divergence against price. The weekly MACD remains bullish, and trades above the signal line. Apart from the emergence of a black body, no other significant formations were observed on the candles.
Pattern analysis of the weekly charts shows Nifty continues to face resistance at the lower trend line of the upward rising channel which it breached in the last quarter of 2019. A secondary channel, therefore, has been formed, and Nifty is showing all signs of fatigue and not marking a higher high.
There are higher chances of volatility spiking in the coming week. These possibilities have risen as Vix has shed over 50 per cent from its peak while Nifty continues to remain at elevated levels. The complacency of the market is quite visible, and this can potentially push Nifty into corrective moves.
In the best possible scenario, Nifty may see some technical pullbacks, but it is not expected to trigger any sustainable surge from current level. We recommend using every rise to lighten positions and protect profits. Investors and traders should approach the market with caution as they remain highly stock specific and trade with a negative bias.
On the Relative Rotation Graphs, we compared various sectors against CNX500, which represents over 95 per cent of the free float market cap of all the listed stocks.
It showed financial services is likely to be the only sector relatively outperforming the broader market, as it remains firmly in the leading quadrant along with the CNX PSE index, while IT and Read More – Source
By DK Aggarwal It all started with the surprise default of AAA-rated IL&FS group in September, 2018, which had earlier enjoyed high ratings from rating companies due to window-dressing of its books.
That default and others that followed turned attention on credit rating agencies. Besides, a crippling liquidity crunch has spooked the confidence of investors and a crisis has engulfed the entire NBFC sector. This is not the first instance when credit rating agencies have been caught slumbering in a debt market crisis.
Market regulator Sebi has now tightened the norms for credit rating agencies in an attempt to restore investor faith in the system. Actually, the crisis in the NBFC sectors has cascaded into the entire financial sector, threatening to disrupt the economy.
RBIs new circular said credit rating agencies will now have to make more disclosures about the quality of debt instruments they rate. The new guidelines require disclosures on cumulative default rates, probability of default benchmarks and liquidity indicators. Sebi has also tweaked the methodology to arrive at default rates. They now need to disclose all factors that ratings are sensitive to.
Sebi has also proposed appointing independent director on the board of each credit rating company for a period not exceeding three years.
The new benchmark, Probability of Default, will be used for both short- and long-term instruments. Sebi says rating agencies need to disclose on their websites by December 31 one-year, two-year and three-year cumulative default rates for each rating category.
If there is an explicit credit enhancement, the credit rating agencies will assign a CE suffix to a rating. The raters will also have to evaluate whether a credit enhancement structure is sufficient, under various scenarios, including stress, and disclose it in ratings press releases.
The new regulation also states that in consultation with Sebi, the rating agencies will need to frame uniform standard operating procedures (SOP) to track debt defaults and their timely recognRead More – Source
Yovanny Jadiel Lopez had been in intensive care since his mother, Marlen Ochoa-Lopez, was killed in Chicago.The infant died Friday due to a severe brain injury, Julie Contreras said.The baby's condition earlier this week had been dire, his father's lawyer told CNN affiliate WLS. "He can't breathe on his own. He can't eat on his own. There's tubes down his throat," attorney Frank Avila said Wednesday."He suffered irrevocable brain damage," Contreras added, according to the station. "There's no medicine, there's no pill that can fix that. Only a miracle."Yovanny's mother, Ochoa-Lopez, 19, was lured to a woman's home by an offer of free baby clothes, police say. She was then strangled and her unborn baby cut from her. Her body was found weeks later in a garbage can. Three people have been arrested and charged in the killing.In a photo the family released last month, Yovanny is held by his father, Yovani Lopez. The picture, taken by a student pastor, shows the baby attached to various tubes and apparently asleep in his father's arms. Around the time the photo was taken, the baby opened his eyes."We were just praying and praying and he opened his eyes, and his dad said, 'Oh my God, he opened his eyes!'" Cecilia Garcia, a student pastor who was assisting the family, told CNN at the time.
Prosecutors: Mother-daughter duo killed pregnant teen
A mother and daughter are charged in Ochoa-Lopez's killing. Clarisa Figueroa, 46, and her 24-year-old daughter, Desiree Figueroa, were indicted Wednesday on charges of first-degree murder, WLS reported. Clarisa Figueroa's boyfriend, Piotr Bobak, 40, was indicted on a charge of concealing a homicide, WLS said. All three are set to be arraigned June 26, court documents show. Bobak's lawyer hasn't seen a copy of the indictment but maintains his client's innocence, the attorney told CNN.A decision on additional charges will be made once police and the medical examiner's office complete their investigations into the baby's death, prosecutors said Friday.Desiree Figueroa distracted Ochoa-Lopez with a photo album while the elder Figueroa wrapped a cable around Ochoa-Lopez's neck, assistant state's attorney James Murphy said.Clarisa Figueroa then got on top of the teen and strangled her for about four to five minutes, the prosecutor said.When she was dead, the elder Figueroa cut the teen's baby from her womb. She then called 911 and said she'd just delivered a baby that wasn't breathing, Murphy said.Clarisa Figueroa and the infant then were hospitalized, though the woman showed no signs to suggest she'd just delivered a baby, Murphy said.The suspects allegedly planned the attack for months.Figueroa's 20-year-old son, Xander, had died in 2018, according to prosecutors. In October, she announced she was pregnant, which surprised her family because her fallopian tubes were tied.By December, Figueroa had posted a Facebook picture of an ultrasound showing what she claimed was the baby she was carrying, Murphy said. Two months later, she posted a picture of a crib and baby's room to a Facebook page that provides baby items for families in need, he said.She posted on the page again the following month, asking, "Who is due in May" and "Where is the May mama's at."Figueroa connected there with Ochoa-Lopez, who at that time was seven months pregnant, Murphy said. The teen had posted that she was looking for baby items, including a stroller. Figueroa offered her clothes for the baby and suggested they talk in a private message.Then on April 1, Figueroa told her daughter that "she needed help killing a pregnant woman and taking a baby," Murphy said.Ochoa-Lopez, ahigh school student, went to Figueroa's home at least twice this year after connecting through the Facebook group and accepting Figueroa's offer of baby items, Chicago police said.
Missing for nearly three weeks
Ochoa-Lopez's husband reported her missing on April 24, police said. Her body was found in a garbage can at the Figueroas'Read More – Source
Eubanks, who was found dead last month during a welfare check after he didn't answer his phone, was 37.Eubanks' death has been "ruled an accidental heroin overdose," Routt County, Colorado, Coroner Robert Ryg, told CNN Thursday."I'm very sad about it myself," Ryg said. "We were hoping for something else, heart attack or something." Eubanks, a survivor of the 1999 Columbine massacre, struggled with opioid addiction after the shooting and later became a public speaker discussing the issues of substance abuse in the country, according to his website.From his Twitter account, it appears he last spoke at the 2019 Connecticut Opioid and Prescription Drug Prevention Conference on May 2.Eubanks "lost the battle with the very disease he fought so hard to help others face," his family said last month in a statement, according to CNN affiliate KMGH. "Helping to build a community of support is what meant the most to Austin, and we plan to continue his work."
Opioids 'took the emotion away,' Eubanks said
Eubanks was 17 at the time of the Columbine shooting, KMGH said.He was in the library with his friends, trying to decide whether they were going to go fishing or play golf after school, when they heard the sound of gunshots."A teacher ran through the same doors that we just entered into the library, yelling at everybody to get under the tables, that somebody had a gun, and I remember just being in shock," Eubanks told CNN last year.Eubanks, his best friend and a couple of other students hid under the same table. About 10 minutes later, the shooters entered the library and methodically fired under each table, EubankRead More – Source