Daily Archives: June 6, 2020

As the S&P 500 (^GSPC) hovers around 40% from its March 23rd low, one veteran strategist sees similarities with the massive rebound that took place when the markets were emerging from the financial crisis 11 years ago.

When we look at this week, were reminded very much of the rally that started in March 2009, John Stoltzfus, chief investment strategist and managing director at Oppenheimer Asset Management told Yahoo Finances The Final Round.

What we're seeing is the market is looking to ahead, 3 months, 6 months, 12 months out, while consensus analytics is really looking closer to second quarter earnings season and I think in terms of the news that's being generated, he added.

The flattening of the curve in terms of COVID-19 and states slowly re-opening are all helping the market look beyond the current quarter.

We've never seen a significant portion of the largest economy in the world shuttered as well as other economies around the world shuttered, and what that would look like coming out, said Stolzfus. I think it almost calls for an unprecedented methodology of analysis looking forward.

A screen at a trading post on the floor of the New York Stock Exchange charts the Dow Jones Industrial Average Monday, Dec. 8. 2008. A stock market gaining in confidence has shot higher for a second straight session as investors bet that President-elect Barack Obama's plans to increase infrastructure spending will lift the economy back to health. (AP Photo/Richard Drew)

Those analysis have also prompted many forecasts as to what the shape of the economic recovery will look like.

We think in this one, we've likely got the process of a V-shape recovery in equities occurring, with likely a U-shaped recovery following, in terms of the economy coming back, said Stoltzfus.

[Read More: Stock market news live updates: Stocks drift lower as early rally fizzles, Nasdaq 100 bounces off new high]

Strategists are closely watching for broader participation as a positive indicator for the markets.

Back in April, much of the rally had been fueled by mega cap companies, prompting a warnings about the narrow breadth of the market.

The good news is the rally is broadening. It's small, it's mid-caps, and its value," he said.

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Wall St. pro says the current rally reminds him of March 2009 - Yahoo Finance

(Bloomberg) -- Oils recovery from a historic crash is being frustrated by a standoff between some of the worlds biggest crude producers.

The OPEC+ alliance still hasnt set a date for its next meeting thats intended to approve an extension of its deepest output curbs aimed at propping up crude prices. Thats because group leaders Saudi Arabia and Russia have lost patience with the errant behavior of the next-biggest member, Iraq, according to people familiar with the matter.

The producer groups unity had helped drag oil back from its plunge into subzero prices in April, with most main players delivering their agreed share of output curbs. But some reneged on their commitments, and now Riyadh and Moscow are warning that they may phase out the supply curbs if those producers dont change their ways.

Delaying the meeting is for Saudi Arabia to have a chat with the rest of OPEC+ to give them time to throw trial balloons, said Bart Melek, head of commodity strategy at Toronto Dominion Bank. Theres a fair amount of confidence that the mid-month meeting is likely to extend cuts, he said.

Saudi Arabia and Russia have already reached a preliminary deal to extend output curbs for an extra month. Riyadh has delayed the release of its July crude pricing until Sunday at the earliest, according to people with knowledge of the situation.

Complicating their task is the threat of rising U.S. shale output, which has been encouraged by oils rally. Higher prices have already spurred some producers to bring wells back online. EOG Resources Inc. and Parsley Energy Inc. are preparing to ramp up production just weeks after turning off the taps.

Its not an easy exercise for OPEC to balance the market, said Olivier Jakob, managing director of consultants Petromatrix GmbH. The Saudis likely realize they need to be careful about not helping the U.S. crude oil to come back too quickly.

Dwindling Demand

While oil prices have rebounded rapidly since mid-April, the rally is faltering amid gathering headwinds. Civil unrest across America is also complicating the economic recovery from the coronavirus pandemic and risking a second wave of infections.

U.S. diesel demand fell to a 21-year low last week and gasoline stockpiles swelled, according to Energy Information Administration data, suggesting that fuel consumption isnt recovering as quickly as anticipated.

Further stymieing demand, the White House is suspending passenger flights to the U.S. by Chinese airlines as relations between the two leading economies deteriorate.

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Oils Recovery Is Being Threatened by the Discord Rattling OPEC+ - Yahoo Finance

Abidjan (AFP) - In just months, African super-banker Akinwumi Adesina has gone from glory to fighting for his career, battling US demands for a probe into accusations of ethical violations and favouritism.

In 2015, the son of a farming family wrote another chapter in a remarkable tale, becoming the first Nigerian to helm the African Development Bank (AfDB), one of the world's five largest multilateral development lenders.

His flamboyant style gained him continent-wide renown, when the AfDB last October secured $115 billion (105 billion euros) in funding pledges -- doubling its capital at a stroke and cementing its glittering triple-A credit rating.

But with elections for the AfDB presidency looming in August, Adesina's bid for a second term in office is at threat.

At issue is a 15-page whistleblowers' report which says that under Adesina's watch, the AfDB has been tarred by poor governance, impunity, personal enrichment and favouritism.

The bank's ethics committee has already exonerated Adesina, saying the allegations rest "on no objective, solid facts."

- US pressure -

But any hopes Adesina may have had that this would provide a clear path to election victory have been dashed.

On May 22, US Treasury Secretary Steve Mnuchin personally signed a letter questioning the outcome of the probe and called on the AfDB's board to appoint an independent investigator to uphold accountability.

Adesina, 60, fought an intense and vocal rearguard action backed by Nigeria, the biggest of the AfDB's 80 shareholders.

He lashed at "allegations that unjustly seek to impugn my honour and integrity" and invoked "my heroes, Nelson Mandela and Kofi Annan, whose lives have shown that through pain we grow."

But on Thursday, his campaign received a hefty blow when the board agreed to an independent review, with a four-week deadline.

"There has always been behind-the-scenes manoeuvering when there are elections for president of the AfDB, but to have a public controversy on this scale is unheard-of," said a diplomatic observer.

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An Ivorian economist suggested that Adesina's "outsized personality" may also have played a part.

"He's exuberant, probably too high-profile for the closeted world of the bank -- he even projects an impression of arrogance and of doing what he likes."

Adesina's managerial style came under scrutiny when the bank was shaken by a string of departures after he took over in 2015.

"He made himself a lot of enemies in trying to reform the bank," the Ivorian economist said, adding that Adesina had a reputation for giving preference to "English-speakers" at the bank at the expense of francophones.

Managers at the bank, speaking on condition of anonymity, say Adesina was better at communicating than at managing and exaggerated his own performance.

The AfDB plays an important if largely behind-the-scenes role in African economies, financing projects in agriculture, health, energy, education, transport and other development sectors.

Adesina, a charismatic speaker at home in English or French, and a snappy dresser who favours elegant suits and a bow tie, gave the bank an international visibility that it has rarely gained throughout its 56 years.

- Humble origins -

Born to a farming family in Oyo state in southeastern Nigeria, Adesina attended a village school before study agricultural economies at university.

After gaining a doctorate at Purdue University in Indiana, he became prominent in the development sector, notably working with the Rockefeller Foundation, before being named agriculture minister in 2010.

He carried out an ambitious range of farming reforms -- an achievement that earned him the honour of Forbes' "African Man of the Year" of 2013.

In 2015, after a fierce lobbying campaign, he was elected president of the AfDB, succeeding Donald Kaberuka, a Rwandan.

Until the storm erupted, his bid for a second term seemed on track for victory, as it had gained the backing of the African Union and the powerful Economic Community of West African States (ECOWAS).

But intervention by the United States -- the bank's second biggest shareholder, which also gained support from eurozone and Nordic countries -- means the outcome is far from clear, say observers.

Fifty-four of the AfDB's shareholders are African, while others are from the Americas, Asia and Europe.

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Eye of the storm: African Development Bank chief Akinwumi Adesina - Yahoo News

San Antonio Spurs head coach Gregg Popovich doesnt pull his punches. You may not like what he has to say, but hell always tell you exactly whats on his mind. And after nationwide protests against racial injustice and police brutality over the weekend, he had quite a lot on his mind.

Popovich spoke to The Nations Dave Zirin on Sunday, and he touched on several topics that are currently in the news. He began by talking about racism and police violence in response to the death of George Floyd in police custody, and how things continue to stay the same.

The thing that strikes me is that we all see this police violence and racism and weve seen it all before but nothing changes. Thats why these protests have been so explosive. But without leadership and an understanding of what the problem is, there will never be change. And white Americans have avoided reckoning with this problem forever because its been our privilege to be able to avoid it. That also has to change.

Then he moved on to leadership, lamenting the current resident of the White House, President Donald Trump.

Its unbelievable. If Trump had a brain, even if it was 99 percent cynical, he would come out and say something to unify people. But he doesnt care about bringing people together. Even now. Thats how deranged he is. Its all about him. Its all about what benefits him personally. Its never about the greater good. And thats all hes ever been.

Spurs head coach Greg Popovich didn't hold back when talking about Donald Trump's response to the protests that have sprung up in response to the death of George Floyd in police custody. (Photo by Kevin C. Cox/Getty Images)

Popovich has spoken about Trump before, but given everything thats happened over the past week, this time he really went in.

Its so clear what needs to be done. We need a president to come out and say simply that Black Lives Matter. Just say those three words. But he wont and he cant. He cant because its more important to him to mollify the small group of followers who validate his insanity. But its more than just Trump. The system has to change. Ill do whatever I can do to help because thats what leaders do. But he cant do anything to put us on a positive path because hes not a leader.

Its like what Lindsay Graham and Ted Cruz used to say when they had the courage to say it: Hes unfit. But they have chosen instead to be invisible and obsequious in the face of this carnage. In the end what we have is a fool in place of a president, while the person who really runs the country, Senator Mitch McConnell, destroys the United States for generations to come. McConnell has destroyed and degraded our judicial system. He has tried to destroy heath care. Hes destroyed the environment. Hes the master and Trumps the stooge, and whats funny is that Trump doesnt even know it. Trumps always wanted to be part of the in-group, but McConnell is an in-group of one and Trump plays the fool.

Hes not just divisive. Hes a destroyer. To be in his presence makes you die. He will eat you alive for his own purposes. Im appalled that we have a leader who cant say Black Lives Matter. Thats why he hides in the White House basement. He is a coward. He creates a situation and runs away like a grade-schooler. Actually, I think its best to ignore him. There is nothing he can do to make this better because of who he is: a deranged idiot.

As far as the protests that have sprung up across the country (and the world) since the death of George Floyd in police custody, Popovich let up on the gas pedal a little. He gave the protesters advice that he hopes will help them.

[The protests] are very necessary, but they need to be organized better. Its frustrating. When Dr. King did a protest, you knew when to show, when to come back the next day. But if youre just organizing protests and everyone is coming and going in every direction, it doesnt work that way. If it was nonviolent, they knew to be nonviolent, but this is muddled. More leadership would be very welcome so these incredible mass demonstrations cant be used by people for other means. We can limit the bad, but only if things are organized better.

Popovich has never shied away from making political statements and standing up for what he believes in. Its comforting that even though the NBA is currently suspended due to COVID-19, Popovich hasnt changed one bit.

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Gregg Popovich unleashes fiery statement on Trump: 'What we have is a fool in place of a president' - Yahoo Sports

Washington (AFP) - A Republican senator broke with her party Thursday to describe a former Pentagon chief's searing rebuke of Donald Trump as "necessary and overdue," and revealed she was struggling with whether to support the US president's re-election.

Lisa Murkowski's comments marked a major break with Trump within the Republican camp, which has largely held together through various crises including his impeachment process and the president's current threat to use military force against protesters.

For days, demonstrators have flooded streets in cities across the US demanding racial justice -- in protests both peaceful and violent -- since videos of the killing of a black man by Minnesota police went viral.

Murkowski was referring to the extraordinary statement Wednesday by Trump's former defense secretary Jim Mattis who accused the president of trying to "divide" Americans and failing to provide "mature leadership" as the country reels from days of protests.

Mattis, who resigned in 2018 over Trump's ordering of a troop withdrawal from Syria, slammed the use of force to clear peaceful protesters from near the White House on Monday so that Trump could pose for photographs at a nearby church, calling it an "abuse of executive authority."

"I thought General Mattis's words were true and honest and necessary and overdue," Murkowski told reporters at the US Capitol.

"I felt like perhaps we are getting to a point where we can be more honest with the concerns that we might hold internally -- and have the courage of our own convictions to speak up."

Asked if she would support Trump in November's election, the Alaska Republican responded: "I am struggling with it. I have struggled with it for a long time."

Murkowski, in her third full term in the Senate, said that many Americans are having "important conversations" about recent events starting with the death of the unarmed black man, George Floyd, in police custody in Minneapolis, and "where we are right now" as a nation.

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Senator Mitt Romney, one of the more consistent vocal Trump critics within the GOP, and the only Republican to vote to convict Trump in his February impeachment trial, reportedly described Mattis's statement as "very powerful."

But he and Murkowski appear to be Republican outliers, as the party has largely declined to embrace the Mattis view that Trump is a threat to the US Constitution.

"That's not the way I would describe what is a very difficult time in our country," Republican Senator Marco Rubio said, according to Politico. "But I have great respect for General Mattis."

Several Republicans over the years have praised Mattis for his leadership, even describing him as a steadying force in a turbulent Trump administration.

Senator Rob Portman was among them, but the Ohio Republican has also implicitly criticized Trump's handling of the protests.

"The question is tone and words, and I think some of the tones and some of the words used should be focused more on healing and less on dividing," Politico quoted Portman as saying.

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Breaking with party, GOP senator says rebuke of Trump 'necessary' - Yahoo News

WASHINGTON Fired State Department Inspector General Steve Linick told Congress in a private interview Wednesday that before he was ousted, he had informed at least three top aides to Secretary of State Mike Pompeo that he was reviewing Pompeo's and his wife's use of government resources, two lawmakers told NBC News.

The revelation potentially undercuts Pompeo's claim to have been unaware that Linick was looking into that issue when he asked President Donald Trump to fire Linick.

Pompeo has said Linick's firing couldn't have been retaliation because he had "no sense of what investigations were taking place inside the inspector general's office."

But Linick told congressional committees investigating his ouster that months earlier, he had told Undersecretary of State Brian Bulatao, Executive Secretary Lisa Kenna and Deputy Secretary Stephen Biegun about what Linick described as a "review of use of resources by Pompeo and his wife," according to one of the lawmakers who participated in the interview.

Linick also told Congress that before he was fired, he had also submitted a formal document request for records related to Pompeo's and his wife's use of resources. Document requests are a standard element of an investigation by an inspector general, a federal agency's independent watchdog.

Linick, who was questioned in a daylong virtual interview by three House and Senate committees, told Congress that he didn't have specific knowledge of whether those aides had relayed the information to Pompeo, the lawmakers said.

But the three officials whom Linick said he did inform about the review represent Pompeo's innermost circle at the State Department, where they work with him in the famed executive suite known as the 7th Floor. Bulatao has been a close friend of Pompeo's since they attended the U.S. Military Academy together more than 30 years ago, and he was made the CIA's chief operating officer when Pompeo ran the spy agency.

The document request, which undoubtedly would have involved records from the secretary's office, is another reason it's implausible Pompeo never heard about the review, said the lawmakers who took part in the interview.

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"No reasonable person would believe Pompeo's statement," one of them said.

The State Department and the Office of the Inspector General didn't immediately respond to requests for comment.

Before he was fired, NBC News first reported, Linick had been looking at whether Pompeo made a State Department staffer walk his dog, pick up his dry cleaning and make dinner reservations for Pompeo and his wife, among other personal errands.

Linick was also looking into allegations about leadership problems at the State Department's Office of the Chief of Protocol. The office was responsible for overseeing a series of lavish dinners hosted by Pompeo and revealed by NBC News that are also now the subject of a congressional inquiry.

Both lawmakers said Linick's comments are likely to prompt one or more congressional committees to subpoena Bulatao and other top State Department officials as they investigate whether Pompeo had Linick fired in retaliation for investigations Linick was pursuing involving the secretary.

"There's more information we need," one of the lawmakers said. "If we are unable to obtain it voluntarily, it should be subpoenaed."

The three committees the House and Senate foreign policy committees and the House Oversight Committee have already requested that Bulatao, Kenna and several other top Pompeo aides voluntarily answer questions from Congress. So far, none has agreed.

"We're grateful for Mr. Linick's decades of service to our country and for having the courage to come forward and discuss his sudden and unjustified firing," the chairs of the House committees and the top Democrat on the Senate Foreign Relations Committee said.

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In a joint written statement after the interview, they said Linick had testified that Bulatao, the longtime Pompeo friend and adviser, had tried to "bully" the inspector general repeatedly including telling Linick that it was inappropriate to pursue a separate investigation into a Saudi arms deal.

Linick rejected the administration's explanations for why he was terminated, according to the committees' joint statement, stating: "I have not heard any valid reason that would justify my removal."

Linick also told Congress that public explanations by Pompeo and others were "either misplaced or unfounded," the committees said, quoting Linick's comments during the interview.

Pompeo has repeatedly declined to provide any specific reason he asked Trump to fire Linick in mid-May, other than to say Linick wasn't performing well and was undermining the State Department's objectives.

"There are claims that this was for a retaliation for some investigation that the inspector general's office here was engaged in," Pompeo said last month. "It's patently false. I have no sense of what investigations were taking place inside the inspector general's office. It's all crazy stuff."

Pompeo said the only exception was a Linick investigation that he became aware of earlier in the year when he answered written questions from the inspector general. Pompeo didn't elaborate and said he didn't know what had happened with that inquiry.

NBC News and other news organizations have reported that Pompeo answered written questions from Linick about a Saudi arms deal that Linick was investigating after Pompeo declined the inspector general's request to interview him. The House Foreign Affairs Committee requested that investigation after Pompeo and the Trump administration circumvented Congress by declaring an emergency to enable an arms sale to the Saudis that lawmakers of both parties opposed.

The lawmakers who participated in the session Wednesday said Linick was cautious in the interview, refusing to disclose specifics about allegations his office had been investigating and declining to speculate on or answer questions he felt went beyond the facts he was in a position to know.

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Fired watchdog tells Congress he informed top officials about probe into Pompeo and wife - Yahoo News

WASHINGTON (AP) A U.S. Navy veteran whose family said his only crime was falling in love left Iran on Thursday after nearly two years of detention, winning his freedom as part of a deal that spared an American-Iranian physician from any additional time behind bars.

Michael White flew from Tehran to Zurich, where he was met by diplomat Brian Hook, the U.S. special envoy for Iran who has led the negotiations for the release of White and other American detainees in Iran. White and Hook then departed Zurich on a U.S. government plane.

In Atlanta, meanwhile, a federal judge approved a sentencing agreement for Florida dermatologist Matteo Taerri, who had been charged by the Justice Department with violating U.S. sanctions on Iran as well as banking laws.

The developments capped months of quiet talks, assisted by Switzerland, between two countries, that are at bitter odds over U.S. penalties imposed after President Donald Trump withdrew the U.S. from the 2015 nuclear deal and over the killing by American forces of a top Iranian general in Iraq at the beginning of this year.

White, of Imperial Beach, California, was detained by Iranian authorities in July 2018 while visiting a woman he had met online and fallen in love with. He was convicted of insulting Irans supreme leader and posting private information online, and was sentenced to a decade in prison.

I am blessed to announce that the nightmare is over, and my son is safely in American custody and on his way home, Whites mother, Joanne White, said in a statement.

As White flew to Switzerland, U.S. prosecutors completed the American part of the arrangement that Hook negotiated by asking a judge to sentence Taerri to time served on his conviction stemming from the 2018 charges. U.S. officials said Taerri did not pose a national security threat. "We were simultaneously able to secure the release of an American Navy veteran from an Iranian prison and accomplish our law enforcement objectives, Hook said.

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There are numerous foreign policy interests that are furthered by this particular sentence, U.S. District Judge Leigh Martin May said in granting the government's request.

Taerri was charged with attempting to export a filter to Iran that he said was for vaccine research but that U.S. authorities said required a license because it could be used for chemical and biological warfare purposes. He was also accused of structuring a series of bank deposits below $10,000 to evade reporting requirements under federal law.

He pleaded guilty late last year and has already served months behind bars. But in April, he was permitted to be free on bond after the Justice Department withdrew its request to have him detained, citing what it said were significant foreign policy interests.

The United States government and the government of Iran have been negotiating the release of a U.S. citizen held in Iranian custody, Assistant U.S. Attorney Tracia King said at Thursday's hearing. This case, and more specifically the sentence recommendation, is directly related to these negotiations."

A citizen of Iran and the United States, Taerri is permitted as part of his sentence to remain in America and to travel abroad.

White's release was cheered by Trump, whose administration has said it considers the release of detainees and hostages a priority. I will never stop working to secure the release of all Americans held hostage overseas! he tweeted. He tweeted later in the day that he had spoken by phone with White.

In an interview with Fox News after his release, White praised Trump for his efforts both diplomatically and otherwise" and said he is making America great again."

A spokesman for the White family, Jon Franks, said in a statement that the charges against White were pretexts for a state-sponsored kidnap-for-ransom scheme. He added: The tragedy of this case is Michael's only crime was falling in love with Iran and its people for whom he cares deeply."

Despite widespread speculation, Whites release was not related to the recent deportation to Iran of Iranian scientist Sirous Asgari, the officials said.

Iran's foreign minister, Mohammad Javad Zarif, tweeted that such deals can happen for all prisoners. No need for cherry picking. Iranian hostages held in and on behalf of the US should come home. Trump also said the arrangement shows a deal is possible."

White was released from prison on a medical furlough in March as Iran struggled to cope with the coronavirus outbreak, and turned over to the Swiss Embassy in Tehran, which represents U.S. interests in Iran. Whites mother had earlier told The Associated Press that she was especially concerned about her sons health because of his battles with cancer.

Trump administration officials in recent months stepped up public pressure to release White. Last month, for instance, Secretary of State Mike Pompeo mentioned White by name and thanked Switzerland for its work on arranging the furlough.

The U.S. has also urged Iran to release other Americans jailed in Iran.

Siamak Namazi, an Iranian-American, remains in Iran's Evin prison after being convicted of collaborating with the United States charges a U.N. panel has said are bogus. Morad Tahbaz, an Iranian with U.S. and British citizenship, was part of a group of environmental activists sentenced on espionage charges and remains in custody.

Namazi's brother, Babak, said he was happy for the White family but distressed that his brother was not released. He also noted that his 84-year-old father, Baquer, who was also convicted, is out of prison but has not been permitted to leave Iran despite his poor health.

In December, Iran released Xiyue Wang, a Chinese-American Princeton University scholar held for three years on widely disputed espionage charges, in exchange for the release of a detained Iranian scientist after Hook led negotiations for the U.S.

In March, the family of former FBI agent Robert Levinson, who vanished in Iran 13 years ago, said they had been informed that U.S. officials had determined that Levinson was probably dead.

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Detained US Navy veteran freed by Iran as part of deal - Yahoo News

The Tiger King drama never stops.

Two-and-a-half months after it debuted to phenomenal ratings on Netflix, the saga continues to play out. The latest is that Hillsborough County Sheriff Chad Chronister declared in a June 2 interview with Tampa, Fla., CBS affiliate WTSP that the will of Carole Baskins missing husband is 100 percent a forgery.

In the series, formally titled Tiger King: Murder, Mayhem and Madness, multiple people speculate on the 1997 disappearance of Don Lewis. They allege that Baskin, the animal activist who runs Big Cat Rescue in the Florida city and married Lewis in 1991, was responsible.

Baskin has repeatedly said she has nothing to do with his disappearance, and Lewis was legally declared dead in 2002.

Asked about Chronisters latest comments, Baskin directed Yahoo Entertainment to the detailed statement shes previously given on the topic, where she refutes many points made in the documentary. I dont have any comments other than what is posted at BigCatRescue.org/netflix where you will find that all of the documents were authenticated by at least two expert firms and everyone involved in the conservatorship agreed by stipulation ratified by the court to their authenticity.

There was similar speculation in May, when another news organization, the Clarion-Ledger newspaper in Jackson, Miss., reported that the notary listed on the multimillionaires will didnt recall signing off on the document.

I dont remember a will at all, Sandra Wittkopp told the Mississippi Center for Investigative Reporting. I was the housekeeper.

The newspaper said then that two handwriting experts concluded Lewiss signature was traced from his 1991 marriage record.

Chronister explained to WTSP on Wednesday that, despite his suspicions, the statute of limitations in the case has expired.

The will had already been executed at that point," said Chronister, who is running for reelection. But, it certainly cast another shadow of suspicion, by all means.

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The TV station reported that Chronister has previously told them he thinks Lewis was murdered by someone.

Investigators have some great leads, theyre working through them, Chronister said. I hope something pans out.

Chronister asked the public for new information on the case in March, just after Tiger King was released.

There was another Tiger King development earlier this week when a federal judge in Oklahoma sided with Baskin in a case against Joe Maldonado-Passage, whos better known as Joe Exotic. She was given control of Exotics former Oklahoma zoo as part of a $1 million trademark lawsuit she won against Exotic that he never fully paid.

Exotic is serving a 22-year sentence for trying to hire someone to murder Baskin, among other crimes.

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'Tiger King' update: Sheriff says will of Carole Baskin's late husband Don Lewis was forged - Yahoo Entertainment

SAINT-LAURENT-SUR-MER, France (AP) At least the dead will always be there.

All too many have been, for 76 years since that fateful June 6 on France's Normandy beaches, when allied troops in 1944 turned the course of World War II and went on to defeat fascism in Europe in one of the most remarkable feats in military history.

Forgotten they will never be. Revered, yes. But Saturday's anniversary will be one of the loneliest remembrances ever, as the coronavirus pandemic is keeping almost everyone away from government leaders to frail veterans who might not get another chance for a final farewell to their unlucky comrades.

Rain and wind are also forecast, after weeks of warm, sunny weather.

I miss the others," said Charles Shay, who as a U.S. Army medic was in the first wave of soldiers to wade ashore at Omaha Beach under relentless fire on D-Day.

Shay, 95, lives in France close to the beach where he and so many others landed in 1944. He knows of no U.S. veterans making the trip overseas to observe D-Day this year.

I guess I will be alone here this year," Shay said before he performed a Native American ritual to honor his comrades by spreading the smoke of burning white sage into the winds lashing the Normandy coast Friday.

The eerie atmosphere touches the French as well as Americans.

The sadness is almost too much, because there is no one," said local guide Adeline James. Plus you have their stories. The history is sad and its even more overwhelming now between the weather, the (virus) situation and, and, and.

The locals in this northwestern part of France have come out year after year to show their gratitude for the soldiers from the United States, Britain, Canada and other countries who liberated them from Adolf Hitler's Nazi forces.

Despite the lack of international crowds, David Pottier still went out to raise American flags in the Calvados village of Mosles, population 356, which was liberated by allied troops the day after the landing on five Normandy beachheads.

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In a forlorn scene, a gardener tended to the parched grass around the small monument for the war dead, while Pottier, the local mayor, was getting the French tricolor to flutter next to the Stars and Stripes.

We have to recognize that they came to die in a foreign land," Pottier said. We miss the GIs," he said of the U.S. soldiers.

The pandemic has wreaked havoc across the world, infecting 6.6 million people, killing over 391,000 and devastating economies. It poses a particular threat to the elderly like the surviving D-Day veterans who are in their late nineties or older.

It has also affected the younger generations who turn out every year to mark the occasion. Most have been barred from traveling to the windswept coasts of Normandy.

Some 160,000 soldiers made the perilous crossing from England that day in atrocious conditions, storming dunes which they knew were heavily defended by German troops determined to hold their positions.

Somehow, they succeeded. Yet they left a trail of thousands of casualties who have been mourned for generations since.

Last year stood out, with U.S. President Donald Trump joining French President Emmanuel Macron at the American cemetery in Colleville-sur-Mer, on a bluff overlooking Omaha Beach. A smattering of veterans were honored with the highest accolades. All across the beaches of Normandy tens of thousands came from across the globe to pay their respects to the dead and laud the surviving soldiers.

The acrid smell of wartime-era jeep exhaust fumes and the rumble of old tanks filled the air as parades of vintages vehicles went from village to village. The tiny roads between the dunes, hedges and apple orchards were clogged for hours, if not days.

Heading into the D-Day remembrance weekend this year, only the salty brine coming off the ocean on Omaha Beach hits the nostrils, the shrieks of seagulls pierce the ears and a sense of desolation hangs across the region's country roads.

Last yea,r this place was full with jeeps, trucks, people dressed up as soldiers," said Eric Angely, who sat on a seawall wearing a World War II uniform after taking his restored U.S. Army jeep out for a ride.

This year, there is nothing. Its just me now, my dog and my jeep, the local Frenchman said.

Three-quarters of a century and the horrific wartime slaughter of D-Day help put things in perspective. Someday, the COVID-19 pandemic, too, will pass, and people will turn out to remember both events that shook the world.

We don't have a short memory around here," Pottier said with a wistful smile.

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Virginia Mayo contributed.

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Follow AP pandemic coverage at http://apnews.com/VirusOutbreak and https://apnews.com/UnderstandingtheOutbreak

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On sad anniversary, few to mourn the D-Day dead in Normandy - Yahoo News

The best practices for controlling an infectious disease like COVID-19 arent easy to followkeeping six feet apart from others, wearing face masks in public, and, if youre a health care worker, wearing shields to protect your eyes as well.

But in a study published Monday in The Lancet, researchers provide the strongest evidence yet that these practices do indeed lower the risk of spreading the virus.

An international group of scientists, led by senior author Dr. Holger Schunemann, professor of clinical epidemiology and medicine at McMaster University in Ontario, Canada, analyzed 172 studies conducted in 16 countries that looked at the connection between social distancing, wearing masks, and wearing eye protection, and the risk of transmitting the virus. The studies included people with COVID-19 infections in addition to those with two other diseases caused by coronaviruses, SARS and MERS. The studies were observational, meaning that they tracked infection rates among people who practiced any of the aforementioned behaviors. Of the 172 studies, 44 (involving more than 25,000 participants) also included comparisons between those who followed the behaviors and those who did not.

When it comes to social distancing, the analysis showed that, on average, the risk of getting infected when remaining 1 meter (a little more than 3 ft) from an infected person was about 3%, while staying less than 1 meter apart upped the risk to 13%. The further people stand away from one another, the lower their risk. In fact, the risk drops by half for every additional meter of distancing up to 3 meters (about 10 ft).

What we tried to do was bring everything together and sort out what distance might be the most effective, rather than an arbitrary threshold, says Schunemann. Based on how far respiratory droplets from coughs or sneezes generally travel, most public health policies currently recommend standing at least 2 meters (about 6.7 ft) apart in public areas, which the study findings support. The virus doesnt know what a meter is, or what six feet is, says Schunemann. What this evidence suggests is that two meters, or 6.7 feet, appears that it might be more protective than one meter or three feet.

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The data also supported the benefits of eye shields for health care workers. The risk of infection among people who wore glasses, goggles or other face shields was 6% compared to 16% among those not wearing such protection.

The studies included health care workers in hospitals, as well as people living in households with an infected person. The researchers tracked whether those in close contact to people who had a coronavirus infection kept their distance, wore a mask or eye protection, and whether they too got infected.

I was surprised by the magnitude of the effect, says Schunemann. In epidemiology we often see small effects, and all the effects we saw here are considered large or very large.

He says the findings support current public health advice to reduce the risk of spreading COVID-19, but adds that more detailed studies are needed. For instance, its not yet clear whether 1 meter of distance might be sufficient in some settings (compared to the 2 meters that are currently recommended). In addition, larger distances might be needed when people are gathered in denser settings or closer quartersand its still uncertain what the ideal distance in these scenarios would be.

In health care settings like hospitals, similar studies are needed to tease apart which types of face masks are best for different situations. The study found that medical-grade N95 masks and surgical paper masks used in medical settings offered the best protection, but that self-made cloth masks are still effective for the general public. These data, Shunemann says, support wearing a mask both to reduce the risk of spreading of the virus if youre infected, and to lower the possibility of becoming infected if youve not yet caught the virus. The type of masks that should be worn, and who wears the masks, should be investigated further in randomized controlled trials, says Schunemann. But having said that, my interpretation is that wearing even a self-made mask is better than not wearing anything.

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Wearing Face Masks and Social Distancing Actually Work to Contain COVID-19, According to a New Study - Yahoo News