Feb. 13, 2018

BLOOMBERG

This year's midterm elections are a "potential target" for Russian influence operations, with Moscow likely to exploit social media and other platforms to fuel divisions, according to Director of National Intelligence Dan Coats, the top U.S. spy.

U.S. forces killed More than 200 Russian mercenaries in Syria last week in what may be the deadliest clash between citizens of the former foes since the Cold War, according to one U.S. official and three Russians familiar with the matter.

The nation's intelligence agencies are warning, in the annual Worldwide Threat Assessment, of global instability if climate change continues unabated, according to a report submitted for a hearing Tuesday before the U.S. Senate Select Committee on Intelligence.

The North Atlantic Treaty Organization will make the U.S. and Germany the locations for two new military headquarters that mark the first upgrade of the alliance's command structure since the end of the Cold War, according to officials.

Kim Jong Un expressed satisfaction with South Korea's treatment of his sister during a visit to mark the opening of the Winter Olympics, and called for more efforts to improve ties between the countries.

A Trump administration proposal to reduce food-stamp benefits is casting a cloud over U.S. dollar-store chains. Shares of Dollar Tree Inc. and Dollar General Corp. both dropped on Monday after President Donald Trump unveiled the plan, which would slash cash payments and substitute them with packages of food -- potentially one of the biggest shake-ups in the history of the Supplemental Nutrition Assistance Program, or SNAP.

In what would be one of the biggest shakeups of the U.S. food-stamp program in its five-decade history, President Donald Trump is proposing to slash cash payments and substitute them with "100 percent American grown food" given to recipients.

The U.S. budget deficit widened in the first four months of the fiscal year as growth in spending exceeded revenue. The U.S. fiscal gap increased by 11 percent to $175.7 billion between October and January from the same period a year earlier.

For two centuries, it has been a totem of America's gun culture -- a name emblazoned on frontier flintlocks and U.S. Army .45s. But on Monday Remington Outdoor Co., which traces its history back to 1816, said it would file for bankruptcy protection, succumbing to a slump in business worsened by, of all things, a president who has steadfastly supported Americans' right to bear arms.

AP Top Stories

The Trump administration's Education Department will no longer investigate complaints filed by transgender students who are kept from using the bathroom that aligns with their gender identity.

A top Kuwaiti official condemned on Tuesday a call by Philippine President Rodrigo Duterte to evacuate his country's workers from Kuwait, suggesting Duterte could damage ties between the two countries. Duterte said last week that his government would ask private airlines to evacuate Filipino nationals from Kuwait within 72 hours, after the discovery of the dead body of a Filipino migrant worker in a freezer.

Palestinian president Mahmud Abbas visits Russia on Monday in a bid to secure Russian President Vladimir Putin's support following Washington's recognition of Jerusalem as Israel's capital.

President Donald Trump has said he will expand and update the US nuclear arsenal in "far, far in excess of anybody else," in a departure from nearly 50 years of US policy. "We're going to have the strongest military we've ever had by far," Mr. Trump told reporters.

In early January 2018, Boeing announced it's developing a concept for a hypersonic reconnaissance and strike drone that could compete with Lockheed's own SR-72. Both Boeing's "Valkyrie II" concept and Lockheed's "Son of Blackbird" could be capable of cruising at speeds exceeding Mach 5, potentially allowing them to evade all but the most sophisticated enemy defenses.

Amazon.com is cutting hundreds of jobs in its consumer business in Seattle, a person familiar with the matter said on Monday, as the company shifts resources into fast-growing areas like its work on voice assistant Alexa.

Price manipulation in the cryptocurrency space is "unavoidable" but will disappear once the market has matured, the head of cryptocurrency firm NEM said Tuesday. "Price manipulation is not something new.

BBC

A Nigerian court has jailed a Boko Haram militant involved in the 2014 kidnapping of the Chibok girls. Haruna Yahaya, 35, is the first member of the group to be sentenced for playing a part in the mass abduction.

The Australian Football League (AFL) has agreed for the first time to allow a transgender footballer to play women's football at state level.

Police in Portugal have detained a man at Lisbon's international airport accused of carrying 2.2lb of cocaine in fake buttocks. The drug seized would have been enough to make 5,000 individual doses of cocaine.

WND

This is where we are: A primary school in Philadelphia will give its students a crisp $100 bill at graduation if they go the whole year without getting into any physical scuffles.

Conservative Catholics are expressing shock at Pope Francis' zeal in embracing the totalitarian government of China by first agreeing to replace underground church leaders with state-chosen hacks and now with a top Vatican official saying "those who best realize the social doctrine of the church are the Chinese."

Single people are more likely to not only embrace solitude, but benefit from it, recent studies have suggested.

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.