RALEIGH, N.C. – A Fayetteville woman was arrested today on charges of Embezzlement, Bank Fraud, and Aggravated Identity Theft. 

The Indictment alleges that Gay Cameron Tucker, 63, of Fayetteville, embezzled more than $500,000 from the Town of Spring Lake during her tenure as finance director and accounting technician for the Town.  The Indictment further alleges that Tucker carried out the embezzlement through fraudulent checks containing forged signatures of the mayor and town manager. 

United States Attorney Michael Easley stated, “City government officials are entrusted to spend taxpayer funds on public needs – not their own.  Our prosecutors and law enforcement partners are committed to vigorously investigating all allegations of public corruption.”

Tucker is charged with one count of Embezzlement from a Local Government Receiving Federal Funds, four counts of Bank Fraud, and two counts of Aggravated Identity Theft.  The maximum punishment for Embezzlement is 10 years in prison.  The maximum punishment for Bank Fraud is 30 years in prison.  The maximum punishment for Aggravated Identity Theft is not less than, nor more than 2 years in prison consecutive to any other sentence imposed.  

Michael Easley, U.S. Attorney for the Eastern District of North Carolina made the announcement. The Federal Bureau of Investigation is investigating the case and Assistant U.S. Attorney William M. Gilmore is prosecuting the case.

Related court documents and information are located on the website of the U.S. District Court for the Eastern District of North Carolina or on PACER by searching for Case No 5:22-CR-00118.

An indictment is merely an accusation. The defendant is presumed innocent until proven guilty.

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SHREVEPORT, La. Andre Deaveon Reese, 32, of Atlanta, Georgia, has been sentenced by United States District Judge Donald E. Walter to 33 months in prison, followed by 3 years of supervised release, announced United States Attorney Brandon B. Brown. Reese was also ordered to pay restitution to the victims in this case in the amount of $9,797.95.

According to evidence presented to the court, while serving time in the Autry State Prison (Autry) in Georgia in 2015, and continuing through July 2020, Reese participated in a scheme to defraud victims by telling them they had failed to appear for jury duty and a warrant had been issued for their arrest. To carry out this scheme, inmates used contraband cellular telephones from inside Autry to access internet websites to identify the names, addresses, and telephone numbers of potential fraud victims. Using the cellular telephones, inmates called the victims who name, and number had been obtained and made certain false misrepresentations to the victims. The inmates told the victims that they were law enforcement officials and that the victim had unlawfully failed to appear for jury duty. In addition, the victims were told that because they had failed to appear for jury duty, warrants had been issued for their arrest and the victim had a choice of being arrested on the warrant or pay a fine to have the arrest warrant dismissed.

To make the calls seem real, Reese, along with other inmates, created fictitious voicemail greetings on their contraband cellular telephones used by the inmates, identifying themselves as members of legitimate law enforcement agencies, including the U.S. Marshal Service. For those victims who wanted to pay a fine, the inmates instructed them to purchase pre-paid cash cards and provide the account number of the cash card or the victim could wire money directly into a pre-paid debit card account held by the inmates or one of the co-conspirators. Based on these false representations, the victims electronically transferred money to the inmates because they believe that the funds would be used to pay the fine.

After a victim provided an inmate with the account number of the pre-paid cash card, the inmates then used their contraband cellular telephones to contact co-conspirators, who were not incarcerated, to have those individuals transfer the money from the cash card purchased by the victims to a pre-paid debit card possessed by the co-conspirators. The co-conspirators would then withdraw the victim’s money via an automated teller machine or at a retail store.

In August of 2016, two individuals, ages 75 and 78, living in the Western District of Louisiana, became victims of Reese’s scheme. The victims believed the callers, who were inmates posing as legitimate law enforcement officers, and followed their instructions to pay them to have the alleged warrants for their arrest for failing to appear for jury duty dismissed. The two victims $9,797.95 to Reese and his co-conspirators.

The case was investigated by the FBI and U.S. Marshal Service and was prosecuted by Assistant U.S. Attorney Mary J. Mudrick.

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By Lucia Mutikani

WASHINGTON -U.S. consumer prices accelerated in May as gasoline prices hit a record high and the cost of food soared, leading to the largest annual increase in nearly 40-1/2 years, suggesting that the Federal Reserve could continue with its 50 basis points interest rate hikes through September to combat inflation.

The faster-than-expected increase in inflation last month reported by the Labor Department on Friday also reflected a surge in rents, which increased by the most since 1990. The relentless price pressures are forcing Americans to change their spending habits and will certainly heighten fears of either an outright recession or period of very slow growth.

High inflation also poses a political risk for President Joe Biden and his Democratic Party heading into the mid-term elections in November.

“There’s little respite from four-decade high inflation until energy and food costs simmer down and excess demand pressures abate in response to tighter monetary policy,” said Sal Guatieri, a senior economist at BMO Capital Markets in Toronto. “The Fed might still raise policy rates ‘just’ 50 basis points next week, but it could easily ratchet up the pace beyond then if inflation keeps surprising to the high side.”

The consumer price index increased 1.0% last month after gaining 0.3% in April.

Gasoline prices rebounded 4.1% after falling 6.1% in April. Prices at the pump shot up in May, averaging around $4.37 per gallon, according to data from AAA. They were flirting with $5 per gallon on Friday, indicating that the monthly CPI would remain elevated in June.

Food prices jumped 1.2%. Prices of dairy and related products rose 2.9%, the largest gain since July 2007. Food prices have soared following Russia’s unprovoked war against Ukraine.

China’s zero COVID-19 policy, which dislocated supply chains, is also seen keeping goods prices strong.

Economists polled by Reuters had forecast the monthly CPI picking up 0.7%. In the 12 months through May, the CPI increased 8.6%. That was the largest year-on-year increase since December 1981 and followed a 8.3% advance in April. Economists had hoped that the annual CPI rate peaked in April.

The inflation report was published ahead of an anticipated second 50 basis points rate hike from the Fed next Wednesday. The U.S. central bank is expected to raise its policy interest rate by an additional half a percentage point in July. It has hiked the overnight rate by 75 basis points since March.

U.S. stocks opened lower. The dollar rose against a basket of currencies. U.S. Treasury prices were mixed.

STRONG UNDERLYING INFLATION

Underlying inflation was equally strong last month as prices for services like rents, hotel accommodation and airline travel maintained their upward push. There had been hope that the shift in spending from goods to services would help to cool inflation. But a tight labor market is driving up wages, contributing to higher prices for services.

Excluding the volatile food and energy components, the CPI climbed 0.6% after advancing by the same margin in April.

The so-called core CPI increased 6.0% in the 12-months through May. That followed a 6.2% rise in April. Inflation by all measures has far exceeded the Fed’s 2% target.

The core CPI was lifted by rents, with owners’ equivalent rent of primary residence, which is what a homeowner would receive from renting a home, rising a solid 0.6%. That was the largest increase since August 1990.

Airline fares increased 12.6% after surging 18.6% in April. Used cars and trucks prices rebounded 1.8% after declining for three straight months. New motor vehicle prices rose a solid 1.0%, while the cost medical care increased 0.4%.

Consumers also paid more for household furnishings and operations as well as recreation. Apparel prices rose 0.7%. There were also increases in the cost of motor vehicle insurance, personal care, education and tobacco.

(Reporting by Lucia MutikaniEditing by Chizu Nomiyama)

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By Stephanie Kelly

NEW YORK – A key U.S. sour crude grade is being discounted at levels not seen in more than two years as it competes with a flood of reserves released by the White House to counter sanctions on Russian oil, market participants said.

The Biden administration has been selling barrels from the U.S. Strategic Petroleum Reserve to make up for lost global supplies to try to quell surging oil prices. However, much of those barrels are considered sour, or having a higher sulfuric content, putting them in direct competition with Mars sour, the key offshore U.S. oil grade.

The global oil market has scrambled for supplies since Russia’s invasion of Ukraine in late February prompted companies and countries to avoid purchases of Russian energy.

In mid-April, Washington sold 30 million barrels of crude, of which 26.3 million were sour, according to energy consultancy FGE. Those barrels, many purchased by U.S. refiners, were expected to hit the market between May 15 and June 30, FGE said.

The SPR crude deliveries have increased the discount on Mars Sour to a $6.50-per-barrel discount to U.S. West Texas Intermediate benchmark on Friday, traders said, the lowest since March 2020.

The flood of sour barrels is hurting prices for other North American markets, such as Western Canada Select (WCS), which is trading in Alberta at more than $20 a barrel below WTI, the widest since early 2020.

“This should result in higher exports of both Mars crude and Canadian heavy barrels out of the U.S. Gulf Coast,” said Matt Smith, lead oil analyst for the Americas at Kpler.

There has not been a Mars export since a very large crude carrier left for India in early May, Smith said.

(Reporting by Stephanie Kelly; additional reporting by Arathy Somasekhar; Editing by Leslie Adler)

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By Rodrigo Viga Gaier and Gabriel Araujo

RIO DE JANEIRO/SAO PAULO -Brazil’s government on Thursday night moved forward with its bid to privatize Eletrobras, Latin America’s largest utility, as the share offering through which its stake in the company is set to be diluted was priced.

Centrais Eletricas Brasileiras SA, as the utility is formally known, said in the early hours of Friday that the offering was priced at 42.00 reais per share, with a total 29.29 billion reais ($5.97 billion) being raised.

The total announced by the firm included only a primary offering of new shares issued by the company and a smaller secondary offering of shares held by the state development bank.

If a greenshoe option aimed at price stabilization is fully exercised, the offering increases by 15% and the total amount goes up to 33.68 billion reais ($6.87 billion).

According to sources, demand for the deal was strong and allowed the additional allotment to be sold, making it the world’s second-largest share offering this year.

Reuters had reported the pricing late on Thursday, citing two sources with knowledge of the matter.

Privatizing the utility was seen as crucial for President Jair Bolsonaro, who has so far delivered few of the state asset sales he pledged before taking office in 2019.

Bolsonaro, a self-proclaimed free-market advocate, is set to face former President Luiz Inacio Lula da Silva – an avowed opponent of privatizations – in the first round of the presidential election on Oct. 2.

A source said the demand for the deal, Brazil’s largest share offering in 12 years, was above $14 billion, with investors including pension funds, state investors, long-only portfolios, hedge funds and retail investors.

“The high demand for the follow-on offering is yet another positive step in the company’s privatization process,” said Rodrigo Crespi, an analyst at Guide Investimentos.

The 42-real pricing represented a 1.17% discount to the closing price of shares in Eletrobras on Thursday.

On Friday, preferred shares in Eletrobras were down 5.7% at 40.06 reais, making the utility one of the top losers on Brazil’s Bovespa stock index, which fell 1.3%.

“There is no panic, just a speculative move,” said Sidney Lima, an analyst at Top Gain, noting that a number of investors who bought shares of Eletrobras recently were now selling positions after the pricing was set.

The government’s stake in the utility is set to drop from 72% to around 45%.

Unlike some other big state asset sales, no single investor, foreign or domestic, was able to take control of the company through the process, which set a voting right ceiling of 10% on individual stakes. Eletrobras is yet to confirm its new shareholder structure.

($1 = 4.9043 reais)

(Reporting by Rodrigo Viga Gaier in Rio de Janeiro and Gabriel Araujo in Sao Paulo; Additional reporting and writing by Peter Frontini, Tatiana Bautzer and Paula Arend Laier in Sao Paulo; Editing by Cynthia Osterman, Marguerita Choy and Mark Porter)

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By Alexandra Ulmer

(Reuters) – Ivanka Trump “checked out” on election issues in the aftermath of the 2020 election, her father and former President Donald Trump said on Friday after the release of testimony in which she said did not believe his claims of election fraud.

A congressional panel probing the Jan. 6, 2021, attack on the Capitol on Thursday aired recorded testimony in which Ivanka Trump said she did not believe his false claims that the 2020 presidential election had been stolen from him.

In a post on the social media platform Truth Social on Friday, Trump sought to downplay his daughter’s involvement in his efforts to contest the election. Ivanka Trump was one of her father’s most trusted allies during his four years in the White House.

“Ivanka Trump was not involved in looking at, or studying, Election results. She had long since checked out and was, in my opinion, only trying to be respectful to Bill Barr and his position as Attorney General (he sucked!),” Trump said.

Trump was referring to Ivanka’s video deposition given in April that she believed then-Attorney General William Barr’s assessment that there was no significant evidence of fraud during the election.

“I respect Attorney General (William) Barr. So I accepted what he was saying,” Ivanka Trump told congressional investigators.

Reuters was not able to locate a spokesperson for Ivanka Trump. There was no immediate response to a request for comment via private message to her Instagram account.

The Jan. 6, 2021, riot followed shortly after Trump gave an incendiary speech to thousands of supporters outside the White House, repeating his false claims of a stolen 2020 election and urging them to march on the Capitol and “fight like hell.”

(Reporting by Alexandra Ulmer; editing by Andy Sullivan and Cynthia Osterman)

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By Sarah Marsh and Ivana Sekularac

BELGRADE -Serbian President Aleksandar Vuvic appeared to rebuff pressure from German Chancellor Olaf Scholz on Friday for Serbia to join European Union sanctions on Russia over its invasion of Ukraine, saying he did not believe sanctions to be “efficient”.

Scholz, who is on a two-day tour of the Western Balkans, said that as an EU membership candidate, Serbia should join the bloc in its measures against Moscow, which all its members were required to follow.

Speaking at the same news conference in Belgrade, Vucic said Serbia was in a difficult position and that the EU should consider that Serbia and Russia had long-standing special ties.

“As far as sanctions are concerned we have different position…. We remember sanctions (against Serbia)and we do not think sanctions are efficient,” Vucic said.

He did not say whether Serbia planned to introduce sanctions on Russia.

On his trip, Scholz promised to help the Western Balkans to reinvigorate their long-stalled campaign for European Union membership, a move aimed at easing regional tensions and fending off the influence of rival powers such as Russia.

Russia’s invasion of Ukraine has lent a new sense of urgency to the process of to tying Montenegro, Serbia, Albania, North Macedonia, Bosnia and Herzegovina and Kosovo closer to the 27-member EU, whether through full membership or an alternative community.

Speaking alongside the Kosovo Prime Minister Albin Kurti in Pristina earlier on Friday, Scholz said his government had made Kosovo’s EU membership a priority and would also support its aspiration for EU visa liberalisation.

“It is very important to send a new signal of confidence and hope that this accession process is wanted by the EU with great seriousness, and that it also has a realistic chance if everyone makes an effort,” Scholz said.

Ukraine and neighbouring Moldova have pushed to accelerate their own bids for EU membership since the invasion, raising questions over whether their accession should be fast-tracked or should wait their turn after Western Balkan countries.

EU countries including Germany have said there could be no short-cuts to Ukraine’s membership.

“We are also in favour of Ukraine’s membership into the EU. Of course, Ukraine has all the attention and it is in the hearts of everybody who wants peace and democracy because there is a terrible war going on there, an unprovoked and unjustified war,” Kurti said.

“But I believe there must be both (to join EU), Ukraine and Western Balkans,” Kurti said.

Scholz’s visit comes hot on the heels of that of European Council President Charles Michel and ahead of an EU-Western Balkans leaders’ summit on June 23.

DISILLUSIONMENT

The prospect of EU membership had for years been the main driver of reform and greater cooperation in the region after a decade of war and upheaval in the 1990s, until EU expansion stalled, spawning disillusionment.

Unresolved conflicts there have given rise to new tensions lately, such as the pro-Russian Bosnian Serbs’ secession plans.

“We will not surrender this region in the heart of Europe to Moscow’s influence,” German Foreign Minister Annalena Baerbock had said when she paid a visit to the Western Balkans in March.

Florian Bieber, a Balkan expert at Austria’s University of Graz, said the lack in progress in the region’s EU membership bids was partly to blame.

“The fact it hasn’t happened is a real problem and the growing influence of other countries like Russia and China is a result of this process not developing,” Bieber said.

He said it now remained to be seen whether Scholz’s government, which took office in December, will push the process forward or “muddle along” as former chancellor Angela Merkel did by professing support for the region but doing little to further it.

Russian Foreign Minister Sergei Lavrov had also been set to visit Serbia this week, but his visit was cancelled when nearby countries closed their airspace to his flight.

Scholz is set to travel later to Thessaloniki in Greece to meet representatives of the South East European Cooperation Process (SEECP), a 12-country Balkan regional body.

On Saturday, he travels on to North Macedonia and Bulgaria, which are locked in a dispute preventing the start of EU accession talks.

(Reporting by Sarah Marsh in Berlin and Ivana Sekularac in Belgrade; Additional reporting by Fatos Bytyci, Editing by Alex Richardson and Raissa Kasolowsky)

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WASHINGTON -Delta Air Lines Inc will start transporting 3.2 million bottles of Kendamil baby formula on June 20, the White House said on Friday in announcing the sixth shipment of overseas formula to help quell a U.S. shortage.

Delta will ship about 212,000 pounds of the British formula maker’s product from London to Boston and Detroit, where it will then get to retailers, the White House said in a statement.

Separately, the U.S. Food and Drug Administration said Abbott Laboratories would have 16.5 million bottles of its Similac infant formula ready to be shipped from Spain this month.

It did not say when the bottles would be shipped into the United States, but said the government was looking at options to get the product to the U.S. “as quickly as possible”.

The shipments are the latest in a string of Operation Fly Formula flights aimed at restocking U.S. shelves after Abbott, a major U.S. infant formula supplier, saw a key factory in Michigan shut down earlier this year and recalled its product.

U.S. President Joe Biden this week said nearly 10 million bottles of safe infant formula would be brought into the country to be sold nationwide in the next two weeks.

His administration is also securing overseas formula made by Nestle SA and Bubs Australia.

The bay formula shortage comes as Biden grapples with high inflation, gun violence and other issues before November congressional elections.

(Reporting by Susan Heavey in Washington; additional reporting by Manas Mishra in Bengaluru; Editing by Doina Chiacu and David Gregorio)

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LOVELAND, OH- Patricia Mink won the top prize of $1,000,000 for the Ohio Lottery Scratch-Off Cashword.

Mink will receive $40,000 a year for the next 25 years. Her ticket was purchased at Circle K located at 1213 State Route 28 in Milford.

According to lottery officials, “$1,000,000 Cashword is a $20 scratch-off with a top prize of $40,000 a year for 25 years. As of June 7, 2022, two top prizes are remaining in the game.”

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By Jonathan Stempel

NEW YORK – A U.S. appeals court in Manhattan on Friday appeared unlikely to revive former Alabama judge Roy Moore’s lawsuit accusing Sacha Baron Cohen of defamation for falsely portraying him as a sex offender on the British comedian’s show “Who Is America?”

Moore, 75, sued for $95 million in September 2018 over an interview in Washington, D.C., where the former Republican chief justice of Alabama’s Supreme Court and U.S. Senate candidate expected to receive an award for supporting Israel.

Instead, Baron Cohen, 50, disguised as fictional Israeli anti-terrorism expert Erran Morad, waved a wand-like device that purportedly detected pedophiles, and which beeped when waved near Moore.

The interview occurred after Moore had lost his 2017 Senate race in heavily Republican Alabama, following accusations that Moore committed sexual misconduct toward female teenagers while in his 30s.

Moore has denied those accusations, and Baron Cohen’s lawyers have called the device “completely fake.”

During oral arguments before the 2nd U.S. Circuit Court of Appeals, Circuit Judge Gerard Lynch suggested that the interview was merely a commentary on the accusations.

“Is there a plausibility to the idea that this magic wand detects pedophiles?” Lynch asked Moore’s lawyer, Larry Klayman. “That’s what Cohen adds to this story. Otherwise he’s just saying, ‘These are accusations that were made against this man.'”

Klayman countered that calling someone a pedophile was a “smear” worse than labeling him a murderer.

He asked the three-judge panel “to sit in the shoes of Judge Moore, whatever you may think about him … and to say: Would you want to be branded a pedophile like this, on international television?”

Baron Cohen’s lawyer, Elizabeth McNamara, argued, with little interruption from the panel, that Moore waived his claims by signing a consent agreement to be interviewed, and the claims were barred under the U.S. Constitution’s First Amendment.

“As the court below found, this was clearly a joke, and no reasonable viewer could have seen it otherwise,” she said. “Whether you found it funny or not, this was clearly satirical commentary.”

“Who Is America?” was broadcast on Paramount Global’s Showtime network, a co-defendant.

Baron Cohen previously prevailed in several lawsuits over his 2006 mockumentary “Borat! Cultural Learnings of America for Make Benefit Glorious Nation of Kazakhstan.”

The case is Moore et al v Cohen et al, 2nd U.S. Circuit Court of Appeals, No. 21-1702.

(Reporting by Jonathan Stempel in New York; Editing by Matthew Lewis)

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💰💰 NEW JERSEY LOTTERY COMES TO THE POCONOS !

FREDERICKTOWN, OH- John Horwatt won $20,000 as the top prize of the Ohio Lottery Scratch-Off, Cash Explosion Cashword.

His ticket was purchased at Fast Freddies at 89 South Main St in Fredericktown. 

According to lottery officials, “Cash Explosion Cashword is a $2 scratch-off with a top prize of $20,000. As of June 7, 2022, there are 14 top prizes remaining in the game.”

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By Tiyashi Datta

(Reuters) -Netflix Inc shares fell 5% on Friday after Goldman Sachs downgraded the streaming pioneer over risks of slower consumer spending and tough competition from Amazon and Walt Disney Co.

In April, Netflix lost subscribers for the first time in more than a decade, signaling trouble ahead for the industry as rising prices of food and gas left people with little to spend on entertainment.

Suspending its services in Russia after the Ukraine invasion also took a toll on Netflix.

Goldman downgraded the stock to “sell” from “neutral” and slashed its price target to $186 from $265, the lowest PT among analysts covering the stock, according to data from Refinitiv.

The brokerage also lowered its ratings on e-commerce platform eBay Inc and online gaming firm Roblox Corp to “sell” from “neutral”. Roblox and eBay shares fell nearly 4% in afternoon trading.

Netflix is now a “show-me story”, Goldman said, as it cut revenue estimates for 2022-2023.

That sent Netflix shares down 4.6% at $184.06 in midday trading on Friday, adding on to this year’s 68% slump.

“The cost of living crisis will have a major impact on all streaming services. Let’s not forget the market is now awash with too many streaming media services chasing too few services,” said Paolo Pescatore, an analyst at PP Foresight.

“Expect some to pivot more towards a yearly discounted bundle to entice users and increase loyalty.”

Netflix is already considering a cheaper subscription that includes advertising, following the success of similar offerings from rivals HBO Max and Disney+.

The median price target of the 48 analysts covering the Netflix stock is at $297.50, down from $502.50 in March.

(Reporting by Tiyashi Datta in Bengaluru; Editing by Devika Syamnath)

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BEREA, OH- William Phelps of Berea is the lucky winner of the top prize of $35,000 on the Ohio Lottery Scratch-Off, Cash Explosion 35th Anniversary.

He bought his ticket at Smith & Snow Shell at 5918 Smith Rd in Brook Park. 

According to lottery officials, “Cash Explosion 35th Anniversary is a $2 scratch-off with a top prize of $35,000. As of June 7, 2022, there are eight top prizes remaining in the game.”

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ROANOKE, VA- The Roanoke Police Department is investigating a shooting that took place early Thursday morning. Officers responded to reports of a shooting at the 700 block of Hunt Avenue northwest.

Upon arrival, they located an adult male victim with critical gunshot wounds lying in a parking lot. Medics pronounced the victim deceased at the scene.

No suspects were located and no arrests have been made regarding this case. This is an ongoing investigation.

Anyone with information about this incident is asked to call (540)344-8500 and share what you know. You can also text us at 274637; please begin the text with “RoanokePD” to ensure it’s properly sent. Both calls and texts can remain anonymous.

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PARIS/FRANKFURT -The European Central Bank needs to take “resolute” action to tame inflation but it is also fully determined to contain any undue increase in borrowing costs on the euro zone’s periphery, policymakers said on Friday.

The ECB on Thursday flagged a 25 basis point interest rate hike in July and said a bigger increase may be needed in September as inflationary pressures were increasing and broadening, raising the risk that high price growth will become entrenched.

“Euro area inflation rates won’t fall by themselves,” German Bundesbank President Joachim Nagel said in a statement. “Monetary policy is called upon to reduce inflation through resolute action.”

At an event later, Nagel said the ECB’s journey to higher rates had just began and its speed will depend on incoming data – a sign he was not clamouring for big rate hikes just yet.

Although the ECB raised its 2022 inflation projection to 6.8% on Thursday, over three times its 2% target, it said that the figure would have been even higher, at 7.1%, if it had also included data released after the cut-off date.

This meant prices in countries such as Germany would grow even faster this year than during the last period of high inflation in the early 1980s.

The rate hikes however raise the risk that a wide gap will open between the borrowing costs of different euro zone members, particularly Germany and more indebted southern nations like Italy, Spain and Greece.

ECB President Christine Lagarde promised to fight “unwarranted” fragmentation of this kind and said the ECB could even deploy a new tool, if necessary, but did not give details.

Doubting the ECB’s resolve, investors sold off southern bonds after the ECB’s decision and 10-year Italian government bond yields are now 235 basis points above their German counterparts, the widest spread in two years.

“Nobody should have the slightest doubt, including in the markets, concerning our collective will to prevent this fragmentation,” French central bank chief Francois Villeroy de Galhau said separately.

“We have the will and nobody should doubt that we will have the tools when necessary,” Villeroy told BFM Business radio.

Italy’s 10-year yield rose to 3.78% in early trade, its highest since 2018 and just below its highest since 2014, when the euro zone was still caught in a debt crisis.

The equivalent Spanish bond spread to German debt was at 123 basis points on Friday, also a two-year high.

But Villeroy also backed plans to raise rates on account of the worsening inflation outlook.

“Inflation is too high and too broad in France, in Europe” he said, adding the European Central Bank was “strongly committed to bringing inflation down to 2%”.

The Bundesbank meanwhile doubled its inflation outlook for Germany to over 7% on Friday and halved its growth estimate.

(Reporting by Dominique Vidalon, Balazs Koranyi, Tom Sims and Francesco Canepa; Editing by Catherine Evans, Kirsten Donovan)

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ALLENTOWN, PA- The Allentown Police Department is asking for the public’s help to identify the man responsible for stealing Amazon packages from the 300 block of North Broad St. The incident occurred on June 2.

If anyone can identify the pictured male, please contact Detective Sergeant Damian Murray at 610-437-7721, extension 2339.

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By Patricia Zengerle and Richard Cowan

WASHINGTON -The congressional panel investigating the Jan. 6, 2021, attack on the U.S. Capitol will hold hearings throughout June that will drill into the details of what it says was a widespread plot led by former President Donald Trump to overturn the 2020 presidential election.

The House of Representatives committee investigating the riot by Trump supporters laid the groundwork on Thursday night for at least five upcoming hearings that will focus on the groups and people it says were involved in plotting and staging the riot. Testimony also will focus on Trump’s activities before and during the attack.

Starting at 10 a.m. ET/1400 GMT Monday, the committee will focus on Trump’s contention that his defeat by Democrat Joe Biden was due to unfounded allegations of election fraud, the so-called “Big Lie.”

The third hearing on June 15 will focus on Trump’s efforts to replace the U.S. attorney general in order to assemble a team at the Department of Justice to promote his false election claims. Jeffrey Rosen, the acting attorney general at the time, is among those scheduled to testify, according to a person familiar with the matter.

On his Truth Social Internet platform, Trump on Friday called former Attorney General William Barr “weak and frightened.” Barr resigned in December 2021 and testified to the committee that he had not seen evidence of significant election fraud.

Trump also denied causing the storming of the Capitol or endorsing the crowd’s chants to “hang” his vice president, Mike Pence, for carrying out the ceremonial role of formally certifying the election result.

‘VIOLENT MOB’

The fourth hearing, set for June 16, will focus on Pence, while the last two will focus on “how President Trump summoned a violent mob and directed them, illegally, to march on the U.S. Capitol,” Cheney said.

The attack on the Capitol by thousands of people – many waving Trump flags and wearing his signature “Make America Great Again” gear – delayed certification of the election for hours, injured more than 140 police officers and led to several deaths.

The onslaught marked the only time in U.S. history that power was not passed peacefully from one president to another.

The committee has not yet named additional witnesses, but Cheney said upcoming hearings will include testimony from senior Justice Department and White House officials who threatened to resign over Trump’s actions.

Cheney also implicated Republican Representative Scott Perry, saying he sought from Trump a presidential pardon for his role in trying to overturn the election. Cheney also said “multiple” other Republican congressmen also sought pardons, although she did not name names.

Perry strongly denied the allegation in a statement on Twitter. “The notion that I ever sought a Presidential pardon for myself or other Members of Congress is an absolutely, shameless, and soulless lie,” he said.

Spokespeople for the Select Committee declined comment on the pardons issue.

Representative Jamie Raskin, a Democratic committee member, said such requests were an “explicit statement of consciousness of guilt.”

“Are we going to have political elites unleashing mobs in order to try to attack the results of the election and seize the presidency?” he asked.

Republican lawmakers offered little response to the hearing.

The Conservative Political Action Conference, however, dismissed the committee’s work as a “witch hunt.”

(Reporting by Patricia Zengerle and Richard Cowan; Additional reporting by Doina Chiacu, Sarah N. Lynch and Timothy Ahmann; Editing by Andy Sullivan and Alistair Bell)

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DOVER, DE- The Dover Police Department is investigating a shooting that took place at the 100 Block of South New Street.

Officers were dispatched to the area on reports of shots fired. Upon arrival, they found the 20-year-old victim lying in the roadway.

According to police, “Medics arrived and transported the victim to Bayhealth Kent Campus. The victim was struck a total of eight times by gunfire with injuries to his upper extremities and torso. The victim remains hospitalized in critical condition.”

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(Reuters) – Messaging app Telegram will launch a paid subscription plan for its users this month, founder Pavel Durov said on Friday.

Users who will opt for Telegram Premium will get a higher limit for chats, media and file uploads, Durov said in a blogpost.

“The only way to let our most demanding fans get more while keeping our existing features free is to make those raised limits a paid option,” he said.

The app, along with messaging tool Signal, have seen an increase in users following privacy concerns with larger rival WhatsApp, owned by Meta Platforms Inc. Telegram currently has 500 million monthly active users and is one of the 10 most downloaded apps in the world, according to its website.

Durov said the move to offer a paid subscription was to ensure that Telegram remains funded primarily by its users and not advertisers.

(Reporting by Chavi Mehta in Bengaluru; Editing by Maju Samuel)

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By Leroy Leo

(Reuters) -The U.S. government expects to receive an additional 300,000 doses of Bavarian Nordic’s Jynneos vaccine against monkeypox in the next few weeks as cases across the country jumped to 45 from 25 four days ago.

The United States currently holds about 72,000 doses of Jynneos in its strategic national stockpile, Dawn O’Co​nnell, assistant secretary for preparedness and response at the U.S. Department of Health and Human Services told reporters at a news briefing.

Earlier on Friday, the United States placed an order for an additional 500,000 doses of bulk vaccine to be delivered later this year. The company said the total U.S. inventory of the vaccine would reach nearly 2 million doses when combined with a 2020 order for 1.4 million doses.

The Danish company’s vaccine, which was developed with the support of HHS’ Biomedical Advanced Research and Development Authority, is approved to treat both monkeypox and smallpox.

O’Connell told the briefing the U.S. has agreed to sell about 215,000 doses of the vaccine back to Bavarian Nordic for use in Europe.

The U.S. doses were produced on a manufacturing line that is still awaiting U.S. Food and Drug Administration (FDA) approval. The line has already been cleared for U.S. by European regulators.

“It didn’t make sense that while we were waiting for FDA to get the inspection done, we sit on doses our international colleagues in Europe could actually use,” she said.

O’Connell said she expects the FDA to inspect the manufacturing line in the next few weeks.

The United States also has more than 100 million doses of ACAM2000, a smallpox vaccine from Emergent BioSolutions Inc, that is also effective against monkeypox.

Together, O’Connell said the United States has more than enough doses to meet U.S. demand. To date, the United States has supplied doses and treatments to 16 states and jurisdictions.

Monkeypox, a disease that is endemic in parts of Africa, has been spreading globally in the last month, with more than 1,300 cases reported in countries where it is not endemic, most of them in Europe.

The virus is spread primarily through direct contact with bodily fluids or sores of someone who has monkeypox, or through direct contact with materials that have been touched by an infected person. The virus may also spread through respiratory secretions, CDC Director Rochelle Walensky told the briefing.

(Reporting by Leroy Leo in Bengaluru and Julie Steenhuysen in Chicago; Editing by David Gregorio)

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GOUVERNEUR, NEW YORK – One very lucky TAKE 5 ticket was the top prize ticket for the June 9th drawing. This ticket was purchased for the evening drawing.

The TAKE 5 ticket was purchased at Stewart’s Shops on East Main Street on Gouverneur.

The ticket was worth $38,699.

According to lottery officials, “TAKE 5 players with midday and evening draws on the same ticket must check their numbers at nylottery.ny.gov to determine if they have the winning numbers for the corresponding midday or evening drawing. TAKE 5 numbers are drawn from a field of one through 39. The drawing is televised twice daily at 2:30 p.m. and 10:30 p.m. A Lottery draw game prize of any amount may be claimed up to one year from the date of the drawing.”

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JEFFERSON VALLEY, NEW YORK – One very lucky TAKE 5 ticket was the top prize ticket for the June 9th drawing. This ticket was purchased for the midday drawing.

The TAKE 5 ticket was purchased at the 7-Eleven on Lee Boulevard in Jefferson Valley.

The ticket was worth $19,578.

According to lottery officials, “TAKE 5 players with midday and evening draws on the same ticket must check their numbers at nylottery.ny.gov to determine if they have the winning numbers for the corresponding midday or evening drawing. TAKE 5 numbers are drawn from a field of one through 39. The drawing is televised twice daily at 2:30 p.m. and 10:30 p.m. A Lottery draw game prize of any amount may be claimed up to one year from the date of the drawing.”

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WASHINGTON, D.C. – The Washington, D.C. Metro Police Department is investigating a shooting which took place shortly after midnight this morning. This incident happened on the 1200 block of Bladensburg Road in the Northeast section. The police are asking for help in identifying the suspect.

According to investigators, “At approximately 1:05 am, the suspect entered an establishment at the listed location and approached an employee. After a verbal exchange with the employee, the suspect discharged a firearm. The suspect then fled the scene. No injuries were reported.”

If you have any information about this incident, please take no action but contact the police department at (202) 727-9099 or text your tip to the Department’s TEXT TIP LINE at 50411.

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By Valentina Consiglio and Gavin Jones

ROME -Italian industrial output was much stronger than expected in April, rising 1.6% from the month before after a 0.2% gain in March, data showed on Friday, boosting growth prospects for the second quarter.

While the euro zone’s third largest economy still faces many headwinds, it seems to be holding up better than expected a few months ago when some economists were forecasting a recession triggered by surging prices exacerbated by the war in Ukraine.

April’s jump in industry production confounded expectations for a drop of 1.1% in a Reuters survey of analysts, and marked the third consecutive monthly increase.

National statistics bureau ISTAT revised up March’s data from a previously reported flat reading.

“Italian manufacturing is proving more resilient than expected in the face of the war and the inflationary shock,” said Intesa Sanpaolo economist Paolo Mameli.

“It seems to be hit less hard than the other large euro zone countries by the difficulties in acquiring raw materials and components, probably due to lower reliance on Eastern Europe and Asia for its supply chain,” he added.

On a work-day adjusted year-on-year basis, output was up 4.2% in April, national statistics bureau ISTAT reported, while the February-to-April period saw a rise of 2.0% compared with the three months to January.

Italy’s industrial production is up 4.8% compared with February 2020, the last month before the COVID-19 pandemic hit Europe, Intesa Sanpaolo said. That compares with a rise of 0.8% in Spain and falls of 5.4% in France and of 7.3% in Germany.

Nonetheless, Italy’s larger service sector has been far more fragile and Italian gross domestic product growth continues to lag that of most of its euro zone peers.

First quarter GDP edged up 0.1% from the previous three months, ISTAT reported last month, revising up a preliminary estimate of a 0.2% decline.

While extremely weak, the first quarter reading still came as a relief for Prime Minister Mario Draghi and his government considering that in April the Bank of Italy had forecast a GDP contraction of 0.7%.

On Friday the central bank slashed Italy’s full-year growth forecast for this year to 2.6% from a 3.8% projection made in January. Its latest projection is below the government’s 3.1% forecast made in April.

Bologna-based think tank Prometeia said on Friday that industrial output would probably fall in May and remain volatile in the following months, and Intesa Sanpaolo also forecast some weakening in the near term.

(Writing by Gavin Jones; Editing by Emelia Sithole-Matarise)

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By Leah Douglas

(Reuters) – Smithfield Foods, the largest pork processor in the world, will close its Vernon, California, plant and reduce its hog herd in the West, the company announced Friday.

The closure, which the company attributed in a statement to “the escalating cost of doing business in California,” comes as the state rolls out a new law requiring livestock be given more spacious confinements.

Smithfield, owned by Hong Kong-listed WH Group Ltd, did not immediately respond to a Reuters inquiry about whether the law, known as Proposition 12, contributed to the decision to close the plant.

Workers at the plant will be offered financial and transition assistance, including the option to relocate to other Smithfield facilities, the company said.

“A fair agreement that compensates their workers until next year has been reached,” said John Grant, the president of the United Food and Commercial Workers 770, which represents workers at the Vernon plant.

The plant, which processes pork for Smithfield’s Farmer John brand, had among the largest outbreaks of COVID-19 at any U.S. meat plant according to calculations by the Food and Environment Reporting Network (FERN), which was cited by government agencies and media throughout the pandemic.

Smithfield and a subcontractor were fined more than $100,000 from California’s workplace safety regulator in late 2020 for failing to adequately protect workers from the virus.

The pork company stopped slaughtering pigs at its hometown plant in Smithfield, Virginia, in 2021, after a review of its East Coast operations. [L1N2OP2VK]

(Reporting by Leah Douglas; Editing by Kirsten Donovan)

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