Mar. 11, 2019

REUTERS

President Donald Trump on Monday will ask lawmakers to hike spending for the military and the wall he wants to build on the U.S.-Mexico border and slash other programs in his 2020 budget, the opening move in his next funding fight with Congress.

The United States is pressing India to stop buying oil from Venezuelan President Nicolas Maduro's government, Washington's top envoy for Venezuela said, as the Trump administration this week threatened more U.S. sanctions to cut off Maduro's financial lifelines.

Senator Elizabeth Warren vowed on Friday to break up Amazon, Google and Facebook if elected U.S. president to promote competition in the technology sector.

Students around the world are expected to skip school on March 15 in order to demonstrate against climate change, taking their cue from Swedish schoolgirl Greta Thunberg whose weekly "school strike for climate" has won a global following.

A United Nations human rights investigator on Myanmar voiced deep concern on Monday over Bangladesh's plan to relocate 23,000 Rohingya refugees in April to a remote island, saying it may not be habitable and could create a potential "new crisis".

An Ethiopian Airlines plane that crashed on Sunday, killing all 157 people onboard, was trailing smoke and making a strange sound before it came down, two witnesses said.

China and Indonesia grounded their fleets of Boeing's 737 MAX 8 aircraft on Monday, and investigators recovered the black box from a crash that killed 157 people, the second disaster in less than five months involving the new model.

U.S. business inventories increased in December as sales recorded their biggest drop in three years, potentially pointing to an unplanned piling up of unsold goods.

Furious Venezuelans lined up to buy water and fuel on Sunday as the country endured a fourth day of a nationwide blackout that has left already-scarce food rotting in shops, homes suffering for lack of water and cell phones without reception.

Barrick Gold Corp withdrew its $18 billion bid for its biggest rival Newmont Mining Corp, ending a hostile and bitter takeover effort that sought to unite the world's two biggest gold producers.

AP Top Stories

Nicaragua's government said on Saturday it would release prisoners rounded up in months of protests and implement electoral reforms, as talks continue with the opposition to end the country's worst political crisis in three decades. At least 320 people have been killed, many more wounded, and several hundred detained in a crackdown on protests that were triggered last April by a social security reform but quickly swelled into a national call to oust President Daniel Ortega.

President Bashar al-Assad said on Sunday Syria was suffering an "economic siege" as his regime faces a raft of international sanctions over the eight-year civil war.

Three Philippine Catholic priests said Monday they and some church leaders who are critical of the president's bloody crackdown on illegal drugs have received death threats from unknown people.

The trial has started in an Iranian court for 13 petrochemical industry executives charged with embezzling $7.4 billion in one of the nation's biggest corruption cases, the state-run Islamic Republic News Agency reported.

Tens of thousands of "yellow vest" demonstrators marched in France Saturday, but the latest turnout figures suggest the movement is struggling to maintain momentum after nearly four months of protests.

The head of the World Health Organization denounced a deadly attack Saturday on an Ebola treatment center in eastern DR Congo, during a visit to the site hours after the raid.

Iran's judiciary has delivered a verdict against U.S. Navy veteran Michael White who was detained last July in Iran but there is no information as to what the ruling contained, a semi-official news agency reported Monday.

A young Iranian couple have been arrested after a marriage proposal in public that was captured on a video clip that went viral on social media. The police say the pair offended Islamic mores on public decency but were later released on bail.

In private discussions with his aides, President Donald Trump has devised an eye-popping formula to address one of his long-standing complaints: that allies hosting US forces don't pay Washington enough money. Under the formula, countries would pay the full cost of stationing American troops on their territory, plus 50 percent more, said US and foreign officials familiar with the idea, which could have allies contributing five times what they provide.

BBC

Venezuela's government has ordered schools and businesses to remain closed on Monday as a power cut drags into a fifth day. The opposition says at least 17 people have reportedly died as a result of the blackout.

Humans will always make the final decision on whether armed robots can shoot, the US Department of Defense has said. The statement comes as plans emerge for gun platforms that can choose their own targets on the battlefield.

A former Royal Marine who lost his leg in an accident has completed the fastest unsupported solo row across the Atlantic. Lee Spencer finished the crossing from mainland Europe to South America in 60 days, breaking the able-bodied record for the route by 36 days.

WND

According to a recent survey, 53 percent of all Californians, 63 percent of millennials, and 76 percent of residents in the Bay Area say they are seriously considering leaving the state.

Pomona College already recognizes its transgender and nonbinary students by their preferred identities, but it's a different matter legally in California, where the private institution is located. That's why the administration is offering to cover "typical application and document fees" for students who want to change their name or "gender marker" on legal documents in the state.

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.