Aug. 9, 2019

REUTERS

President Donald Trump on Friday said he has been speaking with the National Rifle Association to ensure that the gun lobby's "very strong views" are considered as congressional leaders weigh possible gun legislation after two weekend mass shootings.

Republican Senate leader Mitch McConnell on Thursday rejected a plea from more than 200 mayors to call the Senate back early to consider new gun legislation, following two weekend mass shootings that left 31 people dead.

Thailand's army is fighting a "hybrid war" waged by enemies who are using "fake news" to turn young Thais against the military and the monarchy, the army chief said in a rare interview.

Anger was mounting in Kashmir against India's decision to revoke the special status of the Muslim-majority region, residents and officials said, although authorities eased some curbs to allow people to offer Friday prayers.

The revolving door at the governor's office in Puerto Rico may finally stop with Wanda Vazquez, the newly sworn-in chief executive of the bankrupt U.S. territory, who said on Thursday she has no plans to resign.

Canadian Kristian Lee Baxter, detained while travelling in Syria last year, was freed on Friday, the second Westerner released by the Syrian government in two weeks with help from neighboring Lebanon.

Russian President Vladimir Putin was appointed acting prime minister on Aug. 9 1999 by then president Boris Yeltsin. He has been in office as president or prime minister ever since, a period spanning two decades.

British Prime Minister Boris Johnson has written to all government civil servants to tell them that preparing for a no-deal exit from the European Union is his and their top priority.

The recent escalation in the U.S.-China trade war has brought forward the next U.S. recession, according to a majority of economists polled by Reuters who now expect the Federal Reserve to cut rates again in September and once more next year.

The White House will discuss violent extremism online with representatives from a number of internet and technology companies on Friday, according to a White House spokesman.

July 2019 now stands as Alaska's hottest month on record, the latest benchmark in a long-term warming trend with ominous repercussions ranging from rapidly vanishing summer sea ice and melting glaciers to raging wildfires and deadly chaos for marine life.

U.S. producer prices increased moderately in July, lifted by a rebound in the cost of energy products, while underlying producer inflation retreated, which could allow the Federal Reserve to cut interest rates again next month.

AP Top Stories

A new proposal from the Trump administration could make trips like these unnecessary in the near future. The plan would allow states, pharmacies and drug manufacturers in the United States to import prescription drugs from Canada.

Mexican authorities found 19 bodies, some dismembered, in the southwestern state of Michoacan, as the government seeks to combat rising violence with a new militarized police.

The U.S. and the Taliban both say they are close to calling it peace after 18 years of war and multiple rounds of tense but cordial negotiations between dark-suited diplomats and turbaned fighters over cups of tea in plush hotels in Doha, Qatar.

Nearly half of the 680 people detained in Wednesday's U.S. Immigration and Customs Enforcement raids at food processing plants across Mississippi were released the same day.

A 92-year-old former SS private will go on trial this fall in Germany on 5,230 counts of being an accessory to murder, accused of helping the Nazis' Stutthof concentration camp function.

An American human rights volunteer is reportedly in critical condition after he was shot four times in the Philippines.

A Lebanese businessman designated by US authorities as an important financial supporter of Hezbollah was sentenced to five years in prison and ordered to forfeit $50 million, the Justice Department said Thursday.

NOAA forecasters now expect 10 to 17 named storms, up from the previous estimate of 9 to 15. Of those, about half will become hurricanes.

BBC

The chancellor does not expect the UK to slide into recession after data showed the economy shrank by 0.2% between April and June.

Malaysia has charged 17 former and current Goldman Sachs bankers - including Richard Gnodde, the most senior banker in London - over the corruption investigation at its state development fund 1MDB.

Mexican police have found the bodies of nine people hanging from a bridge and seven more corpses hacked up and dumped on the road.

The UN's human rights chief has criticized the latest US sanctions against Venezuela saying they would intensify the suffering of millions.

A new breast milk bank in Kenya is helping mothers donate their milk to babies whose mothers cannot breast feed them.

Parents in Kenya are putting children as young as 10 on contraceptives in an attempt to keep them in school. One in five girls between the ages of 15 and 19 are pregnant or have a child already.

WND

In his first statement following the shootings in El Paso, TX and Dayton, OH, former President Obama has come forward with an aggressive plan for Democrats: Do more, and consider passing gun confiscation laws.

Add new comment

Plain text

CHECK OUT THE ENTIRE MCALVANY NETWORK

McAlvany Weekly Commentary provides investors with valuable monetary, economic, geo-political and financial information that cannot be found on Wall Street. Your host David McAlvany presents a solid strategy of wealth preservation for your financial and retirement assets while living in an unstable economy.

Through its client focused, customized approach, MWM is committed to providing independent, well-researched, objective advice, and investment professionalism. At MWM, our client commitment is to preserve capital, manage risk, and grow your assets in an ever-changing global environment.

At International Collectors Associates (ICA), we specialize in the sale of bullion, semi-rare U.S. and European gold coins and secure offshore storage in Switzerland for your precious metals. Our highly trained and experienced advisors strive to help you in customizing solid strategies of wealth preservation for your financial and retirement assets.

McAlvany Financial Group

The McAlvany Financial Group has a contrarian, in-depth approach to its analysis, allowing the company to avoid decisions based on emotion, and thus combine maximum risk mitigation with consistent real growth for its clients’ investments. Integrity, attentiveness, and longevity have characterized the company’s client relationships since 1972.