Mar. 6, 2020

REUTERS

President Donald Trump on Friday signed an emergency spending bill for $8.3 billion to ramp up the nation's response to the coronavirus, providing funds for state and local officials to combat the spread of infections as the number of cases grows in the United States.

A bipartisan group of U.S. senators on the powerful judiciary committee on Thursday introduced a bill aimed at curbing online distribution of child sexual abuse material that technology and civil liberties groups said was an attack on strong encryption critical to billions of people.

The U.S. Senate on Thursday passed and sent to President Donald Trump an $8.3 billion funding bill to help state and local governments combat the spreading coronavirus, as public health experts outlined efforts to rapidly accelerate testing for the disease.

EU officials sought in vain on Friday to persuade France, Germany and other European countries to lift controls on the export of protective medical gear, which officials said could hurt the bloc's collective effort to fight the coronavirus.

Polish police striving to improve one of Europe's worst road fatality rates are having to cut back on testing drivers' breath for alcohol for fear this could speed the transmission of coronavirus.

Italy's banking lobby is asking European authorities to ease rules on problem loans for at least six months, as a coronavirus outbreak hits the economy and throws the fragile sector's recovery off course.

Lufthansa's Austrian Airlines is shortening the working hours of 7,000 staff because of the coronavirus outbreak's impact on business, tabloid daily Kronen Zeitung said.

Iran said Friday the new coronavirus has killed 124 people amid 4,747 confirmed cases in the Islamic Republic as authorities warned they may use "force" to limit travel between cities.

AP Top Stories

The number of Chinese patients who have recovered from the coronavirus is greater than the number who are still being treated.

Andrew Yang's $1,000 promise may be coming to a town near you. The entrepreneur is following his failed 2020 bid with a nonprofit dedicated to bringing his signature campaign promise to life, Yang announced Thursday. Humanity First will turn one New York town into a testing ground for the universal basic income Yang constantly promised during his run, along with other initiatives that make the nonprofit basically an extension of Yang's campaign.

Saudi Arabia on Thursday emptied Islam's holiest site for sterilization over fears of the new coronavirus, an unprecedented shutdown state media said will last while the year-round umrah pilgrimage is suspended.

A group called The Satanic Temple went to court in their lawsuit against the city of Scottsdale, Arizona, for religious discrimination in January 2020. The city's attorneys argued that they could not possibly be guilty of religious discrimination because The Satanic Temple is not a religion. This argument prompted the judge in the case, Justice David Campbell, to ask, "What is religion?"

The Department of Defense is planning for a possible coronavirus outbreak at the Pentagon, the world's largest office building, the secretary of defense said Thursday afternoon.

President Donald Trump on Wednesday rebuked Democrats after Senate Minority Leader Chuck Schumer appeared to criticize two justices on the Supreme Court.

Sen. Ted Cruz is aiming to dramatically curtail the power of the International Criminal Court, The Daily Beast has learned. The Texas Republican is working to garner support for a resolution that would call on the UN Security Council to bar the ICC from bringing charges against people from states who aren't parties to the treaty that governs it-which would include Russia, China, the U.S., and Israel.

BBC

A man in Alabama has been put to death for the murder of three police officers despite a campaign to save him. He had always protested his innocence. Activists and celebrities including Martin Luther King III and Kim Kardashian West intervened in the case.

More than a billion Android devices are at risk of being hacked because they are no longer protected by security updates, watchdog Which? has suggested. The vulnerability could leave users around the world exposed to the danger of data theft, ransom demands and other malware attacks. Anyone using an Android phone released in 2012 or earlier should be especially concerned, it said.

Worried customers have been queuing to withdraw money from India's Yes Bank after the country's central bank seized control of the troubled lender. Depositors with Yes Bank can now only withdraw the equivalent of about $630 during a one-month moratorium.

A ceasefire brokered by Russia and Turkey has come into effect in the northwest Syrian province of Idlib.

WND

President Donald Trump on Thursday said he would withhold money from so-called sanctuary jurisdictions after a U.S. court ruled that his administration could block federal law enforcement funds to states and cities that do not cooperate with federal immigration authorities.

A judge sitting on the D.C. Circuit Court will retire in September, allowing President Trump the chance to install a third judge on the influential bench.

The top general for the Air Force told House lawmakers Wednesday that his service remained short some 2,000 pilots even after years of attempting to curb aviator losses with large bonuses and increased time in the cockpit.

In Calhoun, Georgia, Walmart is testing out a new health center. If successful, Walmart may expand its initiative across the United States, potentially upending the way millions of Americans receive medical care. At "Walmart Health," which has a separate entrance next door to a massive Walmart supercenter, patients can see doctors for routine checkups and ongoing treatment of chronic illnesses, such as diabetes and heart disease, even if they lack health insurance.

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.