Sep. 11, 2017

BLOOMBERG

The White House said President Donald Trump cut a short-term debt ceiling and government spending deal with Democrats to clear the deck for a major tax bill. But the agreement could be complicating tax efforts by eroding trust within his own party.

The U.S. has watered down a proposal to punish North Korea for its sixth and most powerful nuclear test, omitting an oil embargo and a freeze of Kim Jong Un's assets, according to a European diplomat.

Juchitan on Sunday was littered with rubble from Thursday night's magnitude 8.1 earthquake, which killed at least 90 people across southern Mexico - at least three dozen of them in Juchitan itself.

Poland took a step forward in its push for reparations from Germany, with a parliamentary body saying there's a legal basis to pursue claims for damages sustained in World War II.

A meeting today of the United Nations Security Council to discuss further sanctions on North Korea will put the differences between the U.S. and China on handling the regime on stark display.

On Tuesday, Apple Inc. will introduce its latest top-of-the-line iPhone, and even the cheapest model is expected to cost about $1,000. A few days later, Samsung's Galaxy Note 8 goes on sale for a comparable amount.

North Korea warned of retaliation if the United Nations Security Council approves a U.S. proposal for harsher sanctions after Pyongyang conducted its sixth and most powerful nuclear test.

China plans to ban trading of bitcoin and other virtual currencies on domestic exchanges, dealing another blow to the $150 billion cryptocurrency market after the country outlawed initial coin offerings last week. The ban will only apply to trading of cryptocurrencies on exchanges. Authorities don't have plans to stop over-the-counter transactions.

If your data had been stolen, Equifax offered a free year of credit monitoring known as "TrustedID Premier." But some fine print may also mean that consumers who agree would be giving up the right to sue over many types of damages related to the massive penetration.

AP Top Stories

The U.S. is marking the 16th anniversary of the terrorist attack that killed nearly 3,000. Four hijacked planes hit the trade center towers and the Pentagon, and crashed in a Pennsylvania field.

Russian police detained people from a crowd of about 200 protesters Sunday in Saint Petersburg who had gathered over the crackdown on the Rohingya Muslims in Myanmar.

Leslie Van Houten, who is now 68, the youngest member of the Manson cult has been approved for parole, 48 years after the notorious group carried out its killing spree.

China is gearing up to ban petrol and diesel cars, a move that would boost electric vehicles and shake up the world's biggest car market in a country that is plagued by pollution.

U.S.-backed militias and the Syrian army advanced in separate offensives against Islamic State in eastern Syria on Saturday, piling pressure on shrinking territory the group still holds in oil-rich areas near the Iraqi border.

Hillary Clinton on Sunday declared the end of her career as "an active politician," but she will remain involved in the political fray through other means. "I am done with being a candidate," she told CBS' Jane Pauley.

Syria's President Bashar al-Assad appears to be winning the war against those who sought his overthrow, but he will preside over a ruined country with an economy in tatters.

At least 18 Egyptian policemen were killed and three injured on Monday in an attack claimed by Islamic State on a security convoy in the Sinai Peninsula, which is gripped by an insurgency.

Canada has deported hundreds of people to countries designated too dangerous for civilians, with more than half of those people being sent back to Iraq, according to government data obtained by Reuters.

BBC

The security operation targeting Rohingya Muslims in Myanmar "seems a textbook example of ethnic cleansing", the UN human rights chief said. More than 300,000 Rohingya Muslims have fled to Bangladesh since violence erupted there late last month.

The Iraqi authorities are holding more than 1,300 foreign family members of suspected Islamic State militants at a displaced people's camp south of Mosul, officials and aid workers said. The women and children, from at least 13 countries, mostly fled Tal Afar as troops recaptured the city last month.

The international Cassini probe at Saturn will execute the course correction on Monday that will put it on a path to destruction. The spacecraft is set to fly close to the giant moon Titan - an encounter that will bend its trajectory just enough to send it into the atmosphere of the ringed planet on Friday.

Landholders and ecologists in Australia are warning wild kangaroo levels have become unsustainable, urging Australians to eat more kangaroo meat. Government figures show there were almost 45 million kangaroos in 2016, which is almost double the human population of Australia.

WND

President Donald Trump observed the 16th anniversary of the 9/11 terror attacks Monday, his first presidential remembrance of the attack that killed nearly 3,000 Americans. The president, joined by the First Lady, called the occasion "extraordinary."

A Stanford University study showing that artificial intelligence (AI) can accurately guess whether people are gay or straight based on their faces has sparked a swift backlash from LGBT rights activists who fear this kind of technology could be used to harm queer people.

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.