Feb. 13, 2019

REUTERS

President Trump is likely to sign a bipartisan government funding deal as it stands now, adding that Trump could still change his mind.

President Donald Trump is weighing every possible option to find money to build his wall along the southern U.S. border, even as he considers a bipartisan border security deal from Congress.

U.S. senators from both parties introduced a resolution requiring that any deal to share U.S. nuclear power technology with Saudi Arabia block the kingdom from making a nuclear weapon.

The conviction of drug lord Joaquin 'El Chapo' Guzman in the US is a lesson that a life of crime and easy money doesn't bring happiness, Mexico's President Andres Manuel Lopez Obrador said.

News of the conviction of Mexico's legendary crime boss Joaquin "El Chapo" Guzman traveled quickly on Tuesday to his rugged home state, where people said they felt pain for a man some described as a fallen folk hero and community benefactor.

U.S. consumer prices were unchanged for a third straight month in January, leading to the smallest annual increase in inflation in more than 1-1/2 years, which could allow the Federal Reserve to hold interest rates steady for a while. The Labor Department said on Wednesday its Consumer Price Index last month was held down by cheaper gasoline, which offset increases in the cost of food and rents.

U.S. mortgage applications declined for a fourth consecutive week even as some home borrowing costs fell to their lowest levels in more than 11 months, the Mortgage Bankers Association said on Wednesday.

Ford Motor Co. said it was recalling about 1.48 million F-150 pickup trucks in North America due to a potential transmission downshift issue that could increase the risk of a crash.

Johnson & Johnson is buying privately held surgical robotics company Auris Health Inc for about $3.4 billion in cash, the healthcare conglomerate said on Wednesday, as it continues its push into robotics.

The global oil market will struggle this year to absorb fast-growing crude supply from outside OPEC, even with the group's production cuts and U.S. sanctions on Venezuela and Iran, the International Energy Agency said in a report on Wednesday.

AP Top Stories

California Governor Gavin Newsom said Tuesday the state will not complete a $77.3 billion planned high-speed rail train, but will finish a smaller section between Merced and Bakersfield.

The International Court of Justice will give its decision on a bid by Iran to recover $2 billion in frozen assets that the United States says must be paid to victims of attacks blamed on Tehran.

Joaquin "El Chapo" Guzman, the Mexican found guilty in a U.S. court on Tuesday of running a criminal enterprise that smuggled drugs into the United States, is likely headed to a "supermax" prison where repeating his past escapes would be nearly impossible. No one has broken out of Administrative Maximum Facility (ADX) in Florence, Colorado, since it opened in 1994 to house the most dangerous inmates in the U.S. prison system.

The Taliban announced a 14-member negotiating team ahead of talks this month with U.S. envoy Zalmay Khalilzad, who has been meeting with the insurgents to try to end America's longest war.

A hedge fund helmed by Sears' controversial ex-CEO has closed the deal to buy the beleaguered company for $5.2 billion.

The United States' largest Protestant denomination, the Southern Baptist Convention, is facing a sexual abuse crisis after a bombshell report revealed hundreds of predators and more than 700 victims since 1998. The report by two Texas newspapers found some 380 church leaders and volunteers have faced public accusations of abuse, mostly of children as young as three years old.

The United States delivered laser-guided rockets valued at more than $16 million to the Lebanese military on Wednesday, demonstrating what it said was Washington's "firm and steady commitment" to Lebanon's army.

BBC

All 78 inmates of a prison in southern Haiti have escaped from captivity, according to the country's police. The detainees reportedly made their escape from Aquin prison while police were distracted by anti-government protests nearby.

Indian researchers have discovered a new species of frog - in a roadside puddle. The scientists discovered the narrow-mouthed frog after three years of extensive explorations, and have confirmed that it represents an entirely new species and genus of microhylid frogs.

All flights in and out of Belgium have been cancelled on Wednesday due to strike action, the country's air traffic control has announced.

The German government has revealed a sharp increase of 10% in the number of anti-Semitic offences recorded last year.

WND

More than 26 million people - more people than all of Australia - have shared their DNA with one of the four leading ancestry and health databases, allowing researchers to extrapolate data on virtually all Americans and raising some serious privacy concerns, according to the MIT Technology Review.

Think Amazon and the fast delivery of a seemingly endless array of products comes to mind. It is that, but there is a darker side. Try "gratuitous nudity and simulated sex scenes." Think "child-like sex dolls." Think "eroticized child nudity." Think "incest, babysitter, and group-sex themes." That's from the "Dirty Dozen" list compiled by the National Center on Sexual Exploitation, which ranked Amazon No. 1, which each year "exposes and calls to account groups, agencies and businesses that contribute significantly to the normalization of sexual exploitation."

The Chicago metropolitan area was ranked as the most corrupt U.S. city in a new report from the University of Illinois at Chicago.

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.