Feb. 24, 2020

REUTERS

President Donald Trump on Sunday accused Representative Adam Schiff of leaking classified information on Russian interference in the 2020 U.S. election to hurt Democratic presidential front-runner Bernie Sanders.

President Donald Trump's national security adviser denied that U.S. intelligence officials have warned that Russia has been interfering in the U.S. presidential campaign to boost Trump's re-election chances.

President Donald Trump said on Sunday he is looking for a new ambassador to Germany after tapping current diplomat Richard Grenell to serve as acting U.S. intelligence chief.

As Bernie Sanders looked to cement his front-runner status in the U.S. Democratic presidential race after his dominant win in Nevada, his rivals sought in rallies on Sunday to blunt his momentum ahead of 15 nominating contests in the next 10 days.

The Dow Jones Industrials fell more than 800 points within minutes of the market open on Monday as investors scurried to safer assets after a surge in coronavirus cases outside China stoked fears of a bigger impact to global growth.

Italy, South Korea and Iran reported sharp rises in coronavirus cases on Monday, but China eased curbs as the rate of infection there slowed and a visiting World Health Organization team said a turning point had been reached in the epicenter, Wuhan.

Kuwait, Bahrain, Oman and Iraq on Monday recorded their first new coronavirus cases, all people who had been in Iran, which raised its toll from the disease to 12 dead and 61 infected.

A sixth person infected with the coronavirus has died in Italy, officials said on Monday as the government battled to contain Europe's worst outbreak of the illness and Italian shares tumbled nearly 5% on fears over the economic impact.

AP Top Stories

Indian Prime Minister Narendra Modi on Monday delivered on his promised spectacle to welcome President Donald Trump, who kicked off his 36-hour trip to India with a colorful road tour that culminated in a rally that drew more than 100,000 people at the world's largest cricket stadium.

Pope Francis on Sunday warned against "inequitable solutions" to the Israeli-Palestinian conflict, saying they would only spark new crises, in an apparent reference to President Trump's Middle East peace proposal.

The center-left Social Democrats won the most votes in the Hamburg state election Sunday, according to exit polls, followed by the environmentalist Green party in a vote that was overshadowed by a racist massacre and political turmoil in Germany.

An 11-year-old girl who was allegedly raped by her brother gave birth at home, and now he and their parents are facing criminal charges. The girl gave birth to a boy in a bathtub in St. Charles, Missouri, according to a probable cause statement.

An investigation into inappropriate conduct at America's oldest school for deaf people corroborated multiple allegations of sexual and physical abuse that stretched decades.

Greyhound, the U.S.'s largest bus company, said on Friday that it will stop allowing Border Patrol agents without a warrant to board its buses to conduct routine immigration checks.

Russia has closed major border crossings with China across the Far East due to the rapid spread of coronavirus. That constitutes a significant blow to a trading relationship that had only just begun to fully blossom. The closures come just as new auto and rail bridges spanning the Amur River are finally reaching completion.

Leaders in Costa Mesa, California, said Saturday they were kept in the dark until the last minute about plans by federal health agencies to transfer dozens of coronavirus patients to an empty building in their city in a move they said could put the entire region at risk.

The Trump administration has backed off plans to quarantine patients from the Diamond Princess cruise ship stricken with coronavirus at a federal facility in Alabama, the state's governor and a U.S. senator said on Sunday.

Misinformation and exaggeration about the coronavirus have led to a wave of racist attacks on Asian Americans across the US. The attacks are both physical and verbal, and there are also cases of people either from East Asia, or of East Asian descent, being turned away from businesses.

In a feat that took over 8 hours, former Marine George Hood , 62, reclaimed the male Guinness World Record for longest time spent in the plank position. Soon after setting the record, Hood celebrated by doing 75 pushups the organization announced Thursday.

BBC

Malaysian PM Mahathir Mohamad has resigned in a surprise move that could unravel the ruling coalition. The resignation of Mr. Mahathir, 94, comes amid rumors that he may form a new coalition without his designated successor, Anwar Ibrahim. The world's oldest elected leader returned to power in 2018.

Two rowers have completed a 3,000-mile ocean Atlantic crossing in a wooden boat. Phil Pugh and Paul Hopkins, of Tyneside, took 70 days to make their way from the Canary Islands to Antigua in the Atlantic Dream Challenge.

Mounting debts have hit Chinese companies struggling to pay workers and suppliers amid the coronavirus outbreak. The government has asked banks to offer more credit for an economy stunned as the virus spreads rapidly. But a survey of small and medium Chinese firms found millions on the verge of collapse.

WND

A Wisconsin school district's policy of allowing students of any age to transition to a different gender and use a different name while at school without parental notice or consent has drawn a lawsuit from angry parents.

A "transgender woman" sent to Logan Correctional Center from a men's prison has faced rape accusations and remains at the women's prison in Lincoln after the governor's office reportedly overruled a move by corrections officials to return "her" to a men's facility.

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.