Jul. 5, 2019

REUTERS

With U.S. fighter jets flying overhead, President Donald Trump praised the military and reveled in a show of pomp and patriotism on Thursday in a celebration of Independence Day that critics accused him of turning into a political event.

President Donald Trump, facing renewed criticism from Democrats and activists over his handling of a migrant crisis on the U.S.- Mexico border, said in a Twitter post on Wednesday that immigrants unhappy with conditions at detention centers should be told "not to come."

U.S. job growth rebounded strongly in June as government hiring surged, but persistent moderate wage gains and mounting evidence that the economy was losing momentum could still encourage the Federal Reserve to cut interest rates this month.

Hong Kong Chief Executive Carrie Lam has asked to meet students in the Chinese-ruled city as she tries to fend off pressure from a month of protests over a proposed law that would allow extradition to mainland China.

French President Emmanuel Macron's view that the European Union cannot admit more members until its governance mechanisms have become more efficient need not delay the accession of Balkan countries to the bloc, German Chancellor Angela Merkel said.

Greek authorities have seized what they described as the world's largest single haul of super-charged amphetamine Captagon pills from Syria worth more than half a billion euros.

Tunisian Prime Minister Youssef Chahed has banned the wearing of the niqab, the full face veil, in public institutions for security reasons, an official source said on Friday.

An Iranian Revolutionary Guards commander threatened on Friday to seize a British ship in retaliation for the capture of an Iranian supertanker in Gibraltar by Royal Marines.

Brent oil ticked higher on Friday, supported by tensions over Iran and the decision by OPEC and its allies to extend a supply cut deal until next year, while U.S. benchmark crude prices fell on weak economic indicators.

AP Top Stories

On Thursday morning, southern California experienced its largest earthquake in two decades. The 6.4 magnitude earthquake struck the remote city of Ridgecrest, near Death Valley national park and about 100 miles from Los Angeles.

A volcano on the Italian island of Stromboli erupted dramatically on Wednesday, reportedly killing a hiker and sending tourists fleeing.

In a U.S. border patrol facility in El Paso, Texas, labels on holding cells indicate whether migrants have been selected – "yes" or "no" – for a new Trump administration program that sends asylum seekers to wait out their U.S. court hearings in Mexico.

Vladimir Putin on Thursday praised Italy's far-right Interior Minister Matteo Salvini for having a "welcoming attitude" to Russia, in an interview ahead of a visit to Italy which will include talks with the pope and former premier Silvio Berlusconi.

An Australian student who was detained in North Korea was freed and safely left the country on Thursday, arriving in Tokyo via Beijing later the same day after Swedish officials helped broker his release.

France's Catholic Church pronounced a priest guilty of sexually abusing multiple Boy Scouts over several years and defrocked him Thursday, an unusually strong move that reflects France's growing reckoning with clergy sex abuse.

A federal judge has temporarily blocked Ohio's ban on abortions after a fetal heartbeat is detected.

More than two dozen countries formally called for a U.N. investigation into thousands of killings in Philippine President Rodrigo Duterte's war on drugs, activists said.

Non-native iguanas are multiplying so rapidly in South Florida that a state wildlife agency is now encouraging people to kill them.

A senior commander in Iran's elite Revolutionary Guards warned on Friday that it would be Tehran's "duty" to seize a British oil tanker if an Iranian tanker detained in Gibraltar was not immediately released.

BBC

China is deliberately separating Muslim children from their families, faith and language in its far western region of Xinjiang, according to new research. At the same time as hundreds of thousands of adults are being detained in giant camps, a rapid, large-scale campaign to build boarding schools is under way.

A floating mass of seaweed stretching from West Africa to the Gulf of Mexico is now the biggest seaweed bloom in the world, according to satellite observations. The Great Atlantic Sargassum Belt extended 5,500 miles and was made up of over 20 million tonnes of biomass.

A 3,000-year-old Tutankhamun bust that Egypt claims was stolen has fetched 6m at auction.

WND

UK – Calling it a "major development of the law," Christian Concern said it's "now clear that Christians have the legal right to express Biblical views on social media and elsewhere in public without fear for their professional careers." "This is the first Court of Appeal judgment regarding freedom of expression of biblical views which sets limits on the rights of professional regulators to limit free speech on social media," the group said.

Some 12,600 students, from 32 states and five countries banded together during a faith-based conference outside Atlanta, raising $57,000 for abused women and homeless across the U.S.

Older adults across America on average spend more than half of their waking hours alone, according to a new report from Pew Research, and that could be linked to "negative health outcomes."

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.