Mar. 3, 2020


The Federal Reserve cut interest rates by a half percentage point in an emergency move designed to shield the world's largest economy from the impact of the coronavirus.

National security professionals from across the U.S. government will meet on Tuesday in a Northern Virginia office building for an unprecedented monitoring effort to counter cyberattacks and foreign disinformation aimed at Super Tuesday presidential primaries.

Escalating military action by Russia and Turkey in Idlib risks a direct confrontation between the two major foreign powers in Syria's war, days ahead of a summit of their leaders to hammer out a deal to halt the fighting.

China's foreign ministry said it lodged "stern representations" with the U.S. embassy on Tuesday over Washington's decision to reduce the number of Chinese nationals permitted to work at U.S. offices of Chinese media outlets.

Group of Seven finance officials said on Tuesday they would use all appropriate policy tools to achieve strong, sustainable global growth and safeguard against downside risks posed by the fast-spreading coronavirus.

An Orthodox Jewish school in New York City canceled classes on Tuesday to allow for precautionary measures after a suspected case of coronavirus turned up within its community.

A man who lives in Manhattan tested positive for the novel coronavirus, bringing the total confirmed cases in the state to two.

A fourth person has died in France due to a coronavirus infection.

Saudi Arabia on Tuesday barred citizens and residents of Gulf Cooperation Council (GCC) countries from entering the kingdom for 14 days after returning from outside the region due to coronavirus concerns, state news agency SPA reported.

Major international airline Emirates is asking staff to take unpaid leave for up to a month at a time due to the rapidly spreading coronavirus that has led to flight cancellations around the world. Emirates has canceled flights to Iran, Bahrain and to most of China because of the virus, and countries around the world have placed strict restrictions on entry of foreigners.

AP Top Stories

Authorities searching the California home of a UPS worker who threatened a mass shooting found body armor, tactical rifles and 20,000 rounds of ammunition.

The government of Mexican President Andres Manuel Lopez Obrador has stepped up extraditions of suspected drug cartel leaders to the United States, official data show, as Washington presses for increased bilateral cooperation on security. Last year, Mexico's government extradited 58 people wanted in the United States, according to figures from the attorney general's office seen by Reuters. By Feb. 21

The Republican chairman of the Senate Homeland Security Committee plans to issue the first subpoena related to the committee's probe of Hunter Biden and Ukrainian energy Burisma Holdings.

A recent propaganda photo sums up the image North Korea wants to show the world, as well as its people: Soldiers with black surgical masks surround leader Kim Jong Un, ensconced in a leather overcoat and without a mask as he oversees a defiant military drill.

Philippine President Rodrigo Duterte backs a probe into cases of dollar smuggling after a lawmaker sounded the alarm on large amounts of cash brought in by Chinese nationals assisted by local authorities.

Turkey shot down a Syrian fighter jet in Syria's Idlib province Tuesday, marking the third such incident in as many days, as steady clashes between the two national armies continued over a Russia-backed Syrian government offensive near the Turkish border.

A Centers for Disease Control and Prevention lab that was initially responsible for producing coronavirus test kits in the US is being investigated over fears some of the test kits were faulty.

China's agriculture ministry said on Tuesday it had detected the African swine fever virus in wild boar in Hubei province.

Huge swaths of California experienced its driest February on record, with some northern areas of the state recording zero precipitation for the entire month. The unusually dry conditions in what is normally one of California's rainiest months of the year could significantly increase the risk of wildfires across the state.


Russian President Vladimir Putin wants marriage to be defined as the union of a man and woman in a revised constitution, ruling out gay marriage.The package includes a proclamation of Russians' faith in God and a ban on giving away any Russian territory.

There's a new crime wave developing in Sweden among children. "The number of children who rob other children has increased by 100% in only four years, according to a new study by Swedish police about reported violent crimes in which children under the age of 15 are both the victims and the perpetrators," said Judith Bergman, a columnist, lawyer, political analyst and senior fellow with the Gatestone Insititute.


The next Great Recession could come on the heels of an extreme weather event, due to the fact that the risk of disruptive physical weather is not accounted for in financial markets. Researchers from the University of California, Davis warn that the worldwide financial market needs to plan for weather risks or face extreme correction.

A federal judge has ordered Hillary Clinton to answer questions about why she set up an unsecure private email system to conduct government business while she was secretary of state.

Far-left Rep. Alexandria Ocasio-Cortez, D-N.Y., has accused Christians of "weaponizing" the Bible to support "bigotry."

Add new comment

Plain text


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.