Sep. 12, 2017

BLOOMBERG

President Donald Trump plans an aggressive travel schedule, taking him to as many as 13 states over the next seven weeks, to sell the idea of a tax overhaul as the administration tries to avoid repeating the communications failures of its attempt to repeal Obamacare.

President Donald Trump will visit China in November, a person familiar with his plans said, as tensions flare on the Korean peninsula due to Pyongyang's nuclear and missile tests.

The United Nations Security Council approved new sanctions aimed at punishing North Korea for its latest missile and nuclear tests after the U.S. dropped demands such as an oil embargo to win support from Russia and China.

In supporting a watered-down version of North Korea sanctions, China and Russia had a stern warning for the U.S.: Don't try to overthrow Kim Jong Un's regime.

North Korea appears to be stepping up efforts to secure bitcoin and other cryptocurrencies, which could be used to avoid trade restrictions including new sanctions approved by the United Nations Security Council.

Less than a year after being driven out of its Libyan stronghold, Islamic State is re-emerging in the North African oil producer.

Philippine financial markets were closed on Tuesday along with government offices and schools as heavy overnight rains flooded parts of the capital Manila and nearby provinces.

A U.S. Supreme Court justice on Monday issued a short-term order restoring President Donald Trump's ban on thousands of refugees seeking entry to the country.

On Tuesday, Apple Inc. Chief Executive Officer Tim Cook will take the stage for the first time in the Steve Jobs Theater at its new campus. Apple plans to unveil three phones-another first-including a premium model that could cast a halo over the rest of the line, and perhaps even the rest of the smartphone industry.

Chinese regulators aren't the only ones getting nervous about the astronomical rally in bitcoin. Bullish bets on the cryptocurrency are now considered the most crowded trade in financial markets, according to fund managers surveyed by Bank of America Merrill Lynch.

AP Top Stories

Climate change denials amid catastrophic hurricanes are a reminder that humans are not a particularly smart species, Pope Francis said Sunday while flying over areas in the Caribbean decimated by Hurricane Irma.

Russians shunned the polls Sunday for local elections which are the last vote before the presidential elections in March next year, with very low turnout rates as the opposition cried foul.

Russia's military said Tuesday that Syrian troops have liberated about 85 percent of the war-torn country's territory from militants, a major turn-around two years after Moscow intervened to lend a hand to its embattled long-time ally.

Egypt's defense minister, on a visit to Seoul, announced that his country has cut military ties with North Korea, according to a report by South Korea's Yonhap news agency.

China is facing heightened threats from foreign infiltration via religion and from the spread of extremism, a top official for religious affairs said on Tuesday, after strict new rules were passed to manage religious practice in the country. China's five officially sanctioned religions - Buddhism, Taoism, Islam, Catholicism and Christianity - vowed to fight "desensitization" at a forum on the topic held in Beijing last week, according state media.

BBC

Turkey has signed a controversial deal with Russia to arm its forces with Russian S-400 anti-aircraft missiles.

Australia has begun sending out ballots for a non-binding vote on support for legalising same-sex marriage. The survey does not have the power to change the law but could lead to a vote in parliament.

At least 18 policemen have been killed in an attack on a convoy in Egypt's Sinai peninsula claimed by so-called Islamic State, security sources said.

Bangladesh's prime minister has urged Myanmar to take back hundreds of thousands of Rohingya Muslims who have fled violence in Rakhine state. Some 370,000 Rohingyas have crossed the border since violence began last month.

A new program of free secondary school education started in Ghana. This was a key campaign promise of President Nana Akufo-Addo who was elected last year. The 400,000 students entering secondary school this year will also receive free textbooks, meals and other benefits.

WND

Former Massachusetts Gov. Mitt Romney is reportedly considering a Senate run in Utah if longtime Sen. Orrin Hatch retires.

The federal debt officially surpassed $20 trillion for the first time on Friday, as the debt subject to the legal limit set by Congress jumped $317,645,000,000 in one day-following President Donald Trump's signing of a spending-and-debt-limit deal that will fund the government through Dec. 8.

A generous legal loophole in U.S. immigration laws is allowing thousands of illegal "students" to receive special visas to enter America, according to a new report on the scam. The report found that 42 of the country's worst colleges and universities, some that aren't even accredited, are providing the needed "student" documentation to immigrants to clear immigration requirements of the Department of Homeland Security. In the process, the mostly for-profit schools fill their classes and weak students get to come to the U.S.

Pope Francis has sharply criticized climate change doubters, saying history will judge those who failed to take the necessary decisions to curb heat-trapping emissions blamed for the warming of the Earth.

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.