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The logo of Toyota is seen on a car during the Prague Autoshow in Prague, Czech Republic, April 13, 2019. REUTERS/David W Cerny
April 21, 2019
By Norihiko Shirouzu
BEIJING (Reuters) – Japan’s Toyota Motor Corp said on Sunday it was setting up a research institute in Beijing in partnership with Tsinghua University to study car technology using hydrogen power and other green technologies that could ease environmental problems in China.
The initiative, outlined by Toyota’s President and Chief Executive Akio Toyoda in a speech at Tsinghua University, is part of the Japanese carmaker’s efforts to share more technology with China as it seeks to expand its business in the country by beefing up manufacturing capacity and distribution channels, a source close to Toyota said.
The Tsinghua-Toyota Joint Research Institute will conduct research into cars and new technology to solve environmental problems in China, including reducing traffic accidents, Toyota said in a statement.
The institute will “cooperate in research not only related to cars for Chinese consumers, but also in research related to active utilization of hydrogen energy that can help solve China’s energy problems,” the company said.
The move dovetails with Toyota’s announcement this month that it would offer carmakers and suppliers around the world free access to nearly 24,000 patents for electric vehicle technologies.
Executive Vice President Shigeki Terashi told Reuters earlier this month that the automaker intended to become a tier 2 supplier of hybrid systems and that it had already received enquiries from more than 50 companies.
(Reporting by Norihiko Shirouzu in Beijing; Editing by Susan Fenton)
FILE PHOTO: The King of Bahrain Hamad bin Isa Al Khalifa attends the Royal Windsor Horse Show, in Windsor, Britain May 11, 2018. REUTERS/Peter Nicholls/File Photo
April 21, 2019
DUBAI (Reuters) – Bahrain’s king, Hamad bin Isa Al Khalifa, reinstated nationality to 551 people stripped of their citizenship by courts in the Gulf Arab state, state news agency BNA said on Sunday.
Since a 2011 uprising, Bahrain, which hosts the U.S. Navy’s Fifth Fleet, has prosecuted hundreds of protesters in mass trials, banned the main opposition groups and revoked citizenship from hundreds of nationals.
Most of the leading opposition figures and rights activists are imprisoned or have fled abroad.
The Britain-based activist group the Bahrain Institute for Rights and Democracy has said Bahrain has stripped a total of 990 people of their citizenship since 2012.
A Bahraini court on Tuesday stripped 138 people of their nationality in connection with terrorism charges, in a move criticized by the United Nations.
The BNA statement did not specify which 551 people had their citizenship restored, or which trials they were involved in.
(Writing by Lisa Barrington; Editing by Mark Potter)
Nadler says there is ‘plenty of evidence of obstruction’ in Mueller report, believes Don Jr. should have been charged
House Judiciary Committee Chairman Jerry Nadler, D-NY, argued on Sunday that, despite Special Counsel Robert Mueller deciding not to charge President Trump with obstruction of justice, he believes there is still plenty of evidence of obstruction by the president.
Nadler, who filed a subpoena Friday for Mueller’s full, unredacted report, said that Mueller only restrained from charging Trump with obstruction of justice because of the longstanding Justice Department opinion that a sitting president can’t be indicted.
“Mueller says that although a thorough FBI investigation might very well show evidence of obstruction of justice with the president, ‘we’re not going to do that because of the Department of Justice’s legal opinion that a president, a sitting president, can't be indicted and it would be unfair to lay out the facts justifying an indictment without giving the president the opportunity and a trial to clear his name,’” Nadler said on Sunday during an appearance on NBC’s “Meet The Press.”
He added: “[Attorney General William] Barr misinterpreted that, or misrepresented that I should say, to say they didn't find obstruction. There’s plenty of evidence of obstruction.”
Nadler expects the Justice Department to comply with his committee's subpoena for the full report by May 1.
That's the same day Barr is set to testify before a Senate committee and one day before he is to appear before Nadler's panel. Nadler also has summoned Mueller to testify by May 23.
A Justice Department spokeswoman, Kerri Kupac, called Nadler's move "premature and unnecessary."
Barr sent Congress a redacted version of the Mueller report, blacking out several types of material, including classified information, material pertaining to ongoing investigations and grand jury evidence.
Nadler last week said he was open to working with the department on accommodations, but he also said the committee "needs and is entitled to the full version of the report and the underlying evidence consistent with past practice."
Mueller laid out multiple episodes in which Trump directed others to influence or curtail the Russia investigation after the special counsel's appointment in May 2017, and Trump made clear that he viewed the probe as a potentially mortal blow — "the end of my presidency."
Nadler on Sunday questioned why Mueller did not level charges against the president’s son, Donald Trump Jr., for taking a meeting with Russian operatives in Trump Tower to allegedly get compromising information on Trump’s 2016 Democratic presidential opponent, former Secretary of State Hillary Clinton.
“I do not understand why he didn't charge Don Jr. and others in that famous meeting with criminal conspiracy,” Nadler said. “[Mueller] said that he didn't charge them because you couldn't prove that they didn't willfully intend to commit a crime, well you don't have to prove that.”
He added: "All you have to prove for conspiracy is that they entered into a meeting of the minds to do something and had one overt act. They entered into a meeting of the minds to attend a meeting to get stolen material on Hillary. They went to the meeting. That’s conspiracy right there."
The New York lawmaker also added that the idea of the House impeaching the president is still on the table even as some of his Democratic colleagues in the House have warned against any premature actions.
“If proven some of this would be impeachable yes. Obstruction of justice, if proven, would be impeachable,” Nadler said. “We’re going to see where the facts lead us.”
House Speaker Nancy Pelosi, D-Calif., has insisted on a methodical, step-by-step approach to the House's oversight of the Trump administration, and she refuses to consider impeachment without public support, including from Republicans, which seems unlikely.
Speaking Friday in Belfast as Pelosi wrapped up a congressional visit to Ireland, she declined to signal action beyond Congress' role as a check and balance for the White House.
"Let me assure you that whatever the issue and challenge we face, the Congress of the United States will honor its oath of office to protect and defend the Constitution of the United States to protect our democracy," she told reporters. "We believe that the first article — Article 1, the legislative branch — has the responsibility of oversight of our democracy, and we will exercise that."
The Associated Press contributed to this report.
Source: Fox News Politics
A hidden camera in the women's bathroom of the USS Arlington has prompted a U.S. Navy investigation, according to NBC News.
A female Marine discovered the "recording device in a head," which is a military term for a toilet, according to the report.
"The command has taken, and will continue to take, all necessary actions to ensure the safety and privacy of the victim," Cdr. Kyle Raines said, per NBC News. "The Navy/Marine Corps team takes all reports of sexual harassment seriously, and are committed to thoroughly investigating these allegations and providing resources and care to victims of sexual harassment.
"To protect the legal rights and the privacy of all involved, we cannot release details, names or any other identifying information at this time."
The woman reported the discovery in March, according to a U.S. official, who would not specify if the device took pictures or video.
Naval Criminal Investigative Service (NCIS) is conducting the investigation into whom placed the device and whom might have been victimized, per the report.
Source: NewsMax America
Ancestry.com on Friday apologized for an ad that showed a mixed-race couple discussing escaping to the North during the Civil War era.
The ad drew widespread criticism on social media for whitewashing slavery, prompting the DNA testing company to remove it from TV and its YouTube channel. Ancestry started running the ad on TV on April 15, according to research firm iSpot.TV.
The ad is part of a campaign by Ancestry showing stories from the past to pique viewers' curiosity about their ancestors. It depicts a white man holding up a ring and telling a black woman wearing Civil War-era clothing that they can be together if they escape to the North. The woman says nothing as the scene fades to black, with the line: "Without you, the story stops here."
Critics pointed out that the ad ignores the fact that mixed race couplings during the slavery era were usually not romantic love stories but instead due to rape and violence against slaves.
Many took to Twitter to express complaints about the ad.
"I used this service a few years ago. And when I realized I was more than 10% European, I wept," tweeted Brittany Packnett. "Not from shame for who I am, but from anger from the trauma of how it may have come to be. This commercial spits on the trauma in our veins and the fight of our ancestors."
In an emailed statement, Ancestry said the ad was intended to be part of its effort to tell "important stories from history."
"We very much appreciate the feedback we have received and apologize for any offense that the ad may have caused," the company said in the statement.
M.J. McCallum, creative director of Muse Communications, called the ad "thoughtless," but said it could happen to any company that doesn't prioritize having diverse representation in its ranks.
"I believe it's the responsibility of brands and their agencies to foster inclusive environments," he said. "They must encourage their team members to be open, honest and vulnerable to topics like race and culture."
The Ancestry ad joins a long list of missteps by marketers that are at best tone-deaf and at worst racist.
In 2017, Dove stopped using a Facebook GIF that showed a black woman removing a brown shirt and transforming into a white woman. The ad was meant to show different types of people can use Dove but many saw it as saying the black woman was "dirty" and the white woman was "clean." Dove apologized .
In 2018, a Heineken ad with the tagline "Sometimes, Lighter Is Better," showed a bartender sliding a bottle of Heineken down a bar where several people of color were sitting before it stops in front of a light-skinned woman. Heineken apologized and pulled the ad after an online outcry in which many people, including Chance the Rapper , called the ad racist.
And in February , Gucci pulled a sweater off the market after complaints that the oversized collar designed to cover the face resembled blackface makeup. Italian designer Prada, Katy Perry's fashion line and H&M have also pulled similar racially insensitivity items.
"The idea that an ad won't be offensive simply because no one who approved it was offended is just not acceptable anymore," McCallum said. "Yes, there is always a chance that even the best of intentions will be misinterpreted, but there are reliable resources and skilled professionals available for brands to tap into."
Source: NewsMax America
President Trump's personal attorney Rudy Giuliani asserted in a fiery interview with "Fox News Sunday" that President Trump had "very good reasons to fire" Special Counsel Robert Mueller just one week into his recently-completed probe into Russian election interference, and openly wondered to an Easter morning audience, "When did Mueller become God?"
Giuliani noted, however, that "so far we don’t think we need to" release a planned counter-report to Mueller's findings because "we think the public debate is playing out about as well as it can -- why confuse it?"
Speaking minutes later on "Fox News Sunday," House Intelligence Committee chair Adam Schiff, D-Calif., gave another reason for the White House to celebrate by cautioning that whether to begin impeachment proceedings would be a "very difficult decision" that would take "the next couple of weeks" to determine. Ohio Democrat Rep. Tim Ryan also pumped the brakes on impeachment, telling CNN, "the process needs to play itself out."
The Democrats' remarks came as Trump again took something of a victory lap on Twitter on Sunday, writing that "Despite No Collusion, No Obstruction, The Radical Left Democrats do not want to go on to Legislate for the good of the people, but only to Investigate and waste time. This is costing our Country greatly, and will cost the Dems big time in 2020!"
And Trump was shown on video Saturday giving two enthusiastic thumbs-up to supporters as he vacationed at his Mar-a-Lago resort in Florida.
White House social media director Dan Scavino wrote on Twitter: "I am with the President at the Southern White House, I have never seen him happier!"
Although the central finding of Special Counsel Robert Mueller's investigation was that there was no evidence the Trump team had "conspired or coordinated" with Russia to sway the 2016 election, Democrats and left-wing media outlets have focused extensively on the portions of Mueller's report that failed to entirely "exonerate" Trump of obstruction-of-justice offenses.
In particular, host Chris Wallace pressed Giuliani on a section of the Mueller report outlining how Trump allegedly told then-White House Counsel Don McGahn to inform the acting attorney general that Mueller should be removed in June 2017 -- a demand that McGahn ignored.
"If he had fired him, there wouldn’t have been an obstruction," Giuliani said. "So, as long as he was replaced by somebody, which he would have been, and there were good reasons- arguable reasons."
Giuliani insisted that accounts of McGahn's story have changed multiple times and that Trump was merely calling for Mueller's supposed conflicts of interests to be "considered." Trump has openly suggested Mueller cannot be an impartial investigator because of the circumstances of why he and his family stopped their membership with Trump's Virginia golf course.
In his final report, Mueller mentioned that he had canceled his membership because he could not make full use of the club and requested a refund, only to be placed on a waitlist to receive the funds.
"You’re treating these people as if they’re fair," Giuliani told Wallace at one point when asked why Trump didn't agree to a sit-down interview with special counsel prosecutors. "They're not."
Responding to Mueller's failure to "exonerate" Trump, Giuliani pointed out that prosecutors are tasked with determining whether there is evidence of a chargeable offense, and aren't typically in the business of publicly exonerating anyone -- especially when complex constitutional considerations are involved, and would make such an exoneration difficult in any event.
"When did Mueller become God? Mueller says the injury to the justice system is still as great, there was no injury by the way," Giuliani told Wallace." We’re talking about an inchoate crime. We’re talking about something that didn’t happen. There was no obstruction. Nothing was denied to him, nobody crushed cellphones like Hilary did; nobody deleted 33,000 emails like Hilary’s people did, and nobody bleached a server like Hilary did. There was no obstruction, they don’t point to a single obstruction in their investigation. They went from day one to day end -- they got everything they wanted."
Separately on CNN, Giuliani asserted that "there’s nothing wrong with taking information from Russians" from a criminal law perspective, and that campaign finance law only bars receiving certain "campaign contributions" and "things of value" from foreign nationals.
Members of the Trump team briefly met with Russian-linked individuals who promised information on the Clinton campaign, but the Mueller report found that such contacts could not meet the high bar of a criminal campaign finance violation because there was no evidence the Trump team had knowingly and willfully violated the text of the law.
"You're assuming that the giving of information is a campaign contribution," Giuliani told "State of the Union" host Jake Tapper.
Schiff, for his part, indicated that talks of impeachment are premature.
"I think it's a very difficult decision, and we're going to have a caucus about this over the next couple weeks to try to figure out what the best course is, not for the party, but what's the best course for the country," Schiff said. "I think it's certainly the case that an impeachment would be unsuccessful if the Republican Party continues to place party above country, continues essentially to back the president no matter how unethical or dishonest his conduct may be. And, sadly, that's where we are right now."
Democrats generally appeared to still be split on the issue. Even without seeing the full Mueller report, some Democrats, including New York Democrat Rep. Alexandria Ocasio-Cortez, said they would sign onto an impeachment resolution, and pressed for more investigations. Ocasio-Cortez has previously called for Trump's impeachment, including in a recent viral video in which she struggled at length to find a basis for impeachment, before claiming that Trump's tax cuts could suffice.
However, House Majority Leader Steny Hoyer, D-Md., cautioned against that approach.
"Based on what we have seen to date, going forward on impeachment is not worthwhile at this point," he said. "Very frankly, there is an election in 18 months and the American people will make a judgment." He later walked back that statement and said that all options would be considered.
Schiff also vowed to look into the "genesis" of the counterintelligence probe into the Trump campaign, which relied largely on a discredited dossier funded by Hillary Clinton's campaign and the Democratic National Committee (DNC).
"What we are going to be looking at is we're going to be looking at all the counter-intelligence findings that were the genesis of this investigation," Schiff said. "We have requested that on a bipartisan basis, one of the things that Devin Nunes and I agreed upon," he said, referring to the GOP House Intelligence Committee ranking member.
Schiff went on to say he believed the origins of the probe were justified.
The FBI extensively cited the dossier to justify a secret surveillance warrant of former Trump aide Carter Page, who has never been charged with wrongdoing even though the FBI had told the Foreign Intelligence Surveillance Act (FISA) court that he was working with the Russian government. Trump has vowed to declassify and release the entirety of those FISA materials.
The apparent genesis of the Russia probe was an April 2016 meeting by Trump aide George Papadopoulos with Maltese Professor Joseph Mifsud, who promised "dirt" on the Clinton campaign. The Mueller report revealed that Papadopoulos was targeted by U.S. intelligence because of his ties to Israel, and Papadopoulos has suggested Mifsud may have been working with U.S. intelligence to set him up.
Fox News' Chris Wallace contributed to this report.
Source: Fox News Politics
U.S. President Donald Trump walks to board Air Force One as they travel to Florida for Easter weekend, at Joint Base Andrews in Maryland, U.S., April 18, 2019. REUTERS/Al Drago
April 21, 2019
By Sarah N. Lynch
WASHINGTON (Reuters) – U.S. House Judiciary Committee Chairman Jerrold Nadler said on Sunday that if the evidence shows that President Donald Trump obstructed justice in Special Counsel Robert Mueller’s Russia investigation, then it could be an “impeachable” offense.
“If proven, some of this would be impeachable, yes,” Nadler said on NBC’s “Meet the Press.” Nadler said that Democrats are not currently pursuing such an action, but that they plan to “go where the evidence leads” them.
(Reporting by Sarah N. Lynch; Editing by Bill Berkrot)
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FILE PHOTO: Ukrainian presidential candidate and comedian Volodymyr Zelenskiy speaks with journalists before undergoing a drugs and alcohol test, which is a precondition to participate in a policy debate ahead of the second round of a presidential election, outside a hospital in Kiev, Ukraine April 5, 2019. REUTERS/Valentyn Ogirenko/File Photo
April 16, 2019
By Polina Ivanova
KIEV (Reuters) – Volodymyr Zelenskiy, front runner to be the next Ukrainian president, has connections to one of the country’s wealthiest tycoons that are undermining his image as an insurgent who will sweep aside the powerful moneyed elite.
Presenting himself as an anti-establishment outsider backed by spontaneous grass-roots support, Zelenskiy won the first round of voting last month, and opinion polls make him strong favorite in the run-off on April 21 against the incumbent president, Petro Poroshenko.
Zelenskiy’s ties to oligarch Ihor Kolomoisky have, however, become an election issue. Poroshenko has said that, if elected, Zelenskiy will do the businessman’s bidding, something the front runner denies. In interviews, Zelenskiy has bridled at suggestions he is Kolomoisky’s “puppet”.
The Ukrainian government has alleged that billions of dollars were fraudulently siphoned out of PrivatBank, Ukraine’s biggest lender, while Kolomoisky owned it. It has since been nationalized. Kolomoisky denied any wrongdoing.
Zelenskiy’s celebrity was established by a comedy show – in which he played an everyman who accidentally becomes president – broadcast by 1+1, a TV network controlled by Kolomoisky.
A study by Reuters of vehicle registration databases, company ownership documents and photographic records indicates that Kolomoisky and the Zelenskiy intersect in other ways.
According to that evidence, the two men have business partners in common, Zelenskiy uses security staff also seen in the past accompanying Kolomoisky, a former Kolomoisky adviser is on Zelenskiy’s campaign team and at least two vehicles used by Zelenskiy and his entourage are owned by people or entities linked to Kolomoisky.
None of the evidence demonstrates that Kolomoisky is financing Zelenskiy’s campaign or influencing him.
Both Zelenskiy and Kolomoisky have said their relationship is strictly professional, and centered on the comedian’s TV work. Both say no undue influence is being exerted by the oligarch.
While Zelenskiy’s connections to Kolomoisky are not seen as swaying the election result, given the candidate’s popularity with voters, commentators question how the relationship would develop later.
“The risks of influence are there, and they will most likely become evident in his hiring policies,” said Volodymyr Fesenko, political analyst and director of Kiev’s Penta think-tank.
“If Zelenskiy becomes president, taking into account that he basically doesn’t have any people, or has very few, Kolomoisky can suggest different people to him (for government office) through whom he will then exert his influence on power.”
Asked to comment on the connections documented by Reuters, Zelenskiy’s campaign did not reply. Kolomoisky did not reply to a request for comment sent to him via his 1+1 media company.
After one campaign stop on April 5, Zelenskiy squeezed through a scrum of journalists and climbed into a black bulletproof Mercedes that was registered, according to a vehicle ownership database, to an associate of Kolomoisky.
The car is an example of a web of connections between Zelenskiy and Kolomoisky that have muddied the candidate’s image as an outsider
The Mercedes was registered in the name of a Ukrainian businessman called Timur Mindych, who is on the board of trustees of the Jewish Community of Dnipropetrovsk, a body of which Kolomoisky is president.
Until recently Mindych shared ownership with Kolomoisky of Vision TV. In 2017 Mindych was registered as holding a 9 percent stake in Kolomoisky’s Belize offshore company, Harley Trading Limited, one of the firms via which Kolomoisky controls the 1+1 media empire.
Mindych is also a part of Zelenskiy’s orbit.
Cyprus and Ukrainian business registry records show that he is a co-owner of Cyprus-registered Green Family Ltd, founded by Zelenskiy and his partners in 2012. Zelenskiy exited the company in January this year.
Ukrainian business ownership records list Mindych as co-owner, with Green Family Ltd and other owners, of three companies involved in producing Zelenskiy’s TV shows, among other activities.
Calls to a phone number listed for Mindych went unanswered.
Some of the people helping Zelenskiy with his election campaign have worked in the past for Kolomoisky.
A lawyer called Andrei Bogdan is on Zelenskiy’s staff, and represented him at a meeting with a government official last week, the official’s press office confirmed.
Bogdan became Kolomoisky’s adviser in 2014, when the businessman was the governor of Dnipropetrovsk region, the lawyer told the Ukrainian Pravda newspaper in 2016.
Dmytro Razumkov, an adviser to Zelenskiy’s campaign, declined to answer questions from Reuters about Bogdan’s role and declined to put Reuters in contact with him. Ukrainian media outlet Bihus quoted Razumkov as saying Bogdan was involved in Zelenskiy’s campaign “as his old friend”.
At the appearance in April, Zelenskiy was accompanied by a man who appeared to be in his security detail. The two were also photographed together during the campaign in the city of Lviv.
Reuters has also found photographs from six different occasions when the same man was with Kolomoisky.
Earlier this year, members of Zelenskiy’s security detail were filmed with him in a van owned by a company connected to Kolomoisky. Asked for comment, Zelenskiy’s campaign and Kolomoisky’s representatives did not reply.
(Reporting by Polina Ivanova, Natalia Zinets, Sergiy Karazy and Pavel Polityuk in KIEV, Rinat Sagdiev and Anton Zverev in MOSCOW; Writing by Christian Lowe; Editing by Giles Elgood)
With the Notre Dame Cathedral in Paris engulfed in flames Monday, Catholic politicians reacted to the devastating live video with shock and sadness.
Here’s a sampling of their reactions:
“.@NotreDameParis has stood as a beating heart of religion & culture for centuries, inspiring all who have visited her. The footage of today’s fire is nothing short of heartbreaking. To the people of Paris & France: know that America stands with you.”
“So fortunate to have visited Notre Dame with my entire family and a dear friend a few years ago. So heartbreaking to imagine the destruction and the loss of history that will never be able to be replaced. What an enormous and unthinkable tragedy.”
“Our hearts are breaking to see Notre Dame burning – especially during Holy Week. Let us pray nobody was hurt, and that the rebuilding can begin as soon as the flames are out.”
“Heartbreaking. My thoughts are with the people of Paris today. Praying for everyone’s safety.”
“What a terrible tragedy. Lisa & I visited many years ago & were in awe. #NotreDame is an incredible place for Catholics, people of faith & indeed all people. Our prayers are with the people of Paris & @franceintheus.”
“It’s absolutely devastating to watch Notre Dame burn in real time. America’s hearts are with France. #NotreDameFire”
“Tragic to see burning and destruction of Notre Dame Cathedral in Paris.”
Former President Barack Obama, who is a Christian but does not follow the Catholic religion, also weighed in:
“Notre Dame is one of the world’s great treasures, and we’re thinking of the people of France in your time of grief. It’s in our nature to mourn when we see history lost – but it’s also in our nature to rebuild for tomorrow, as strong as we can.”
Source: NewsMax Politics
Israeli company Nano Dimension CEO Amit Dror and Chairman Avi Reichental, pose for a picture next to the company logo during an interview with Reuters in Ness Tziona, Israel April 15, 2019. REUTERS/Steven Scheer
April 15, 2019
By Steven Scheer
NESS ZIONA, Israel (Reuters) – Nano Dimension, a pioneer in 3D printers for circuit boards, expects to keep up a steep rate of sales growth while reducing its cash burn as it taps demand from new sectors such as defense and space exploration, the company’s leaders said.
The Israel-based firm, facing possible expulsion from its secondary listing on Nasdaq after a huge fall in its shares since their 2016 peak, is pinning its hopes on new printers, and proprietary inks it began selling in 2017.
Nano Dimension has been collaborating with U.S. defense contractor Harris Corp on 3D printing of radio frequency identification amplifiers, which extend antenna range and will be tested on the International Space Station.
“It could save Harris hundreds of thousands of dollars per satellite,” said Chief Executive and co-founder Amit Dror, who said the company expected an improved performance this year compared with last when it made a net loss of $15.5 million.
“We will be much better than last year,” Dror told Reuters. “Initially, we are looking at the near future to generate sales with large corporations in defense, aerospace, automotive and healthcare and further down the road … consumer products.”
Printed circuit boards (PCBs) have traditionally been made by specialized companies in a process that can take weeks. Nano Dimension said its printers can do the job in hours, saving costs and time while keeping sensitive information confidential.
Nano Dimension has sold more than 30 of its $250,000 printers. Total revenue jumped to $5.1 million in 2018 from $829,000 the year before and it projects a tripling of revenue to as much as $15 million in 2019.
Dror said Nano Dimension will likely continue to narrow its loss in the next two years as it keeps growing revenue while halving its cash burn, which was about $13 million last year.
To that end, Nano Dimension is now working with 20 leading resellers, he said.
“We are the first to market this technology and by our estimation we believe we are several years ahead of anyone else,” said Chairman Avi Reichental, who helped to pioneer 3D printing technologies more than a decade ago.
More than half of Nano Dimension’s sales come from the United States, but sales are also growing in Japan, South Korea and Germany.
After peaking at nearly $10 in 2016, the firm’s Nasdaq-listed shares have dropped to 73 cents in 2019 – prompting a notification from the exchange that its shares need to move back to at least $1 by September, although that can be extended by six months.
Dror said he hoped the shares would rise due to investor demand, but if not the company could make a technical change to the ratio of its Tel Aviv-listed shares to its American depositary shares.
He said Nano Dimension would look to raise more money to grow but no decision on how or when had been made.
(Reporting by Steven Scheer; Editing by Georgina Prodhan and David Holmes)
The Justice Department announced Special Counsel Robert Mueller’s Russia report is set to be released to the public and Congress Thursday morning.
“This is going to be an evidentiary summary without a verdict,” the Fox News contributor and former South Carolina congressman told “America’s Newsroom” Wednesday.
“Tomorrow’s going to do nothing but validate what your previously held conviction is, which is why I’m not a fan of releasing the report.”
Last month, in a letter to Congress, Attorney General Bill Barr, summarized the Special Counsel’s report and concluded it found no collusion between President Trump and Russia to win the White House in the 2016 race.
As a former federal prosecutor, Gowdy said he has never had a trial where there wasn’t evidence on both sides.
“At some point, someone has to say the more credible evidence is on this side, and that has to be a jury that hasn’t already made up its mind.”
Gowdy believes it should not be a partisan issue because Russia went after the American people, not one side or the other.
“If you don’t like Trump, you’re going to seize on something,” Gowdy said. “Someone’s going to seize on something they consider to be ‘evidence,’ and they’re going to use that to extrapolate and try to reach a conclusion. That’s why you need a jury that’s impartial, and we don’t have that.”
Gowdy says he doesn’t think the report will shed new light on the Russia investigation.
“I’ll bet you can’t find a single person tomorrow who says his or her opinion has changed on President Trump or the House Democrats.”
Source: Fox News Politics
The Mueller report should never have been written in its current form because it is unfair to President Donald Trump, who was found not to have committed a crime, attorney Alan Dershowitz told Newsmax TV.
During an appearance on “Newsmax Now,” Dershowitz reacted to the release of special counsel Robert Mueller’s report on Russian collusion and said it will give Democrats a “roadmap” to pursue more investigations and, potentially, an impeachment.
“He’s been vindicated legally, but factually, morally, politically, there’s a lot in there that will be used by Democrats to try to show that although he may not have committed criminal conduct, he certainly committed conduct that’s not desirable by a president,” Dershowitz said.
“That’s exactly why there should never have been a Mueller report. The tradition of the Justice Department — a very good one, we remember when [former FBI Director James] Comey violated it with Hillary Clinton — is that when you decide not to charge somebody with a crime, you then don’t write a series of essays, or in this case a book, about all the bad things that they did that didn’t amount to criminal conduct. That seems to be very, very unfair, and that’s the negatives that have come out of this for President Trump.”
Dershowitz added he has thought for months Mueller would exonerate Trump but lay out the evidence that could have been used to charge the president with a crime.
“I predicted months ago that he would provide a roadmap to Congress for further investigations, impeachments – also a roadmap for other prosecutors in various districts of the United States. And he’s done exactly that,” Dershowitz said.
“That’s appropriate if you do it discreetly. . . . But when you issue a public report that includes innocent conduct, non-criminal conduct, however conduct that is condemnable, not criminal, that really violates the long tradition of the Justice Department in the same way that Comey violated the traditions of the Justice Department when he accused Hillary Clinton of being sloppy with her emails after concluding that she committed no crime.”
Source: NewsMax Politics