Feb. 12, 2019

REUTERS

President Donald Trump has not yet decided whether to back a deal hammered out by congressional negotiators to avert another partial government shutdown, the White House said on Tuesday, putting the future of the agreement that contains funds for U.S.-Mexican border security but not his promised wall in doubt.

The U.S. House Financial Services committee has postponed a hearing planned for Tuesday on the use of U.S. sanctions against countries such as North Korea, Iran, Russia and Venezuela, the panel said in a statement, citing scheduling issues.

Retired U.S. astronaut Mark Kelly, whose wife former Congresswoman Gabby Giffords was wounded in a 2011 mass shooting, plans to run for a U.S. Senate seat in Arizona, he said in a video posted to Twitter on Tuesday.

Labor unions say they are withholding support for a Green New Deal unveiled by Democrats last week to transition the American economy away from fossil fuels, arguing the loosely-defined plan could kill jobs if its architects aren't careful.

Venezuela's opposition supporters will take to the streets nationwide on Tuesday to keep the heat on embattled President Nicolas Maduro and to demand he allow humanitarian aid into the country where food and medicine shortages are rife.

The number of jobs in the U.S. solar industry dropped by 3.2 percent in 2018, a second year of losses, as the Trump administration's tariffs on foreign panels and state-level policy changes hit demand for installations.

North Korea has continued to produce bomb fuel while in denuclearization talks with the United States and may have produced enough in the past year to add as many as seven nuclear weapons to its arsenal, according to a study.

AP Top Stories

At least 152 Catholic priests in Mexico have been suspended in the past nine years for sexual abuse against minors, Mexico's Archbishop for Monterrey said, prompting a lawyer for alleged victims of abuse to question on Monday the Church's sincerity.

Five black leaders from across Virginia gathered in Richmond Monday to support Gov. Ralph Northam`s following his blackface photo scandal.

Iran's president on Monday insisted "enemy" plots against the country would fail as vast crowds marked 40 years since the Islamic revolution at a time of heightened tensions with the US.

Hungary announced further measures to boost child births, including expanding subsidies for home purchases and providing handouts to families, as part of efforts to boost the nation's fertility rate and counter slowing economic growth.

Islamic State group militants cornered in their last foothold in eastern Syria fought back with suicide car bombs, snipers and booby traps Monday, slowing Kurdish fighters advancing under the cover of U.S.-led coalition airstrikes, Kurdish news agencies and a Syrian war monitor said.

A winter storm reached Hawaii over the weekend, bringing dangerous 60-foot waves, damaging winds, power outages.

An Israeli drone fired four missiles near a demolished hospital and an army observation post in Syria's southern Quneitra province near the border with Israel, but there had been only material damage, the Syrian army said on Monday.

Zimbabwean teachers have called off a strike over pay that began Feb. 5 and will return to work tomorrow, two labor unions said, without giving a reason for the end to the industrial action.

Victims of sexual abuse by Roman Catholic clergy in New Jersey will soon be able to apply for compensation from a fund representing all five of the state's dioceses, one of the fund's administrators announced Monday.

The United States is likely just weeks away from starting the withdrawal of ground troops from Syria ordered by President Donald Trump, the top U.S. commander overseeing American forces in the Middle East said on Sunday.

Acting Pentagon chief Patrick Shanahan made an unannounced visit to the Iraqi capital on Tuesday for talks on the sensitive issue of a continued US troop presence after Washington withdraws from neighboring Syria.

Wells Fargo says the issue that caused some customers to have trouble seeing paychecks and direct deposits in their online and mobile banking accounts has been corrected.

BBC

Zimbabwe's reserve bank and the country's information ministry have been forced to deny rumors that a new national currency is being introduced.

Opposition sources in Cameroon say government soldiers were responsible for the burning down of a hospital in the restive South-West region. At least three people were reportedly burned alive.

The UN is urging the warring parties in Yemen to give it access to a vast store of grain that is desperately needed in a country on the brink of famine. It holds enough grain to feed 3.7 million people for a month, but the UN says it is now "at risk of rotting".

WND

Washington state voters last fall approved the most restrictive gun-control measures since the Florida high-school shooting, but sheriffs in a dozen conservative counties in the state are refusing to enforce the law until courts decide whether it's constitutional.

Hungary's government is greatly increasing financial aid and subsidies for families with several children. The benefits include a lifetime personal income-tax exemption for women who give birth and raise at least four children; a subsidy of $8,825 toward the purchase a seven-seat vehicle for families with three or more children; and a low-interest loan of $35,300 for women under age 40 who are marrying for the first time.

A new app available on Apple and Google platforms enables Saudi Arabian men to track and control their women.

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.