Venezuela’s leftist dictator Nicolas Maduro plans to proceed with a vote to create a new constituent assembly to replace the country’s opposition-controlled Congress with a friendly constituent assembly, potentially enabling the embattled despot to redraft the country’s constitution and officially marginalize his political opponents, despite the US’s repeated threats of “strong and swift economic action."
According to Fox News, another North Korean ICBM launch is expected as soon as tonight. Each additional test highlights that Trump's current strategy of containing Kim appears to not be working, as the North Korean continues to defy the US and China’s demands to stop.
Following yesterday's almost unanimous House vote to pass new sanctions against Russia, on Wednesday Moscow threatened to retaliate, saying that - as expected - the action has made it all but impossible to achieve the Trump administration’s goal of improved relations, and vowed to retaliate to the latest sanctions which Russia views as senseless and destructive according to its deputy foreign minister said.
US Senator Ben Cardin Tries to Make Criticism of Israel a Felony
The moronic Democratic Senator Ben Cardin of Maryland sponsored a bill handed to him by the Israel Lobby despite having no idea what was in it. The bill obliterates free speech in the US. This shows you who is represented in the US Congress. Most certainly it is not the American people. https://theintercept.com/2017/07/25/cardin-amend-israel-boycott-bill-bds/
The post US Senator Ben Cardin Tries to Make Criticism of Israel a Felony appeared first on PaulCraigRoberts.org.
S&P futures were fractionally higher (+0.1% to 2,476) with all eyes on the Fed's rate decision as investors await another earnings deluge from companies including Facebook, Coca-Cola and Boeing. Asian and European shares were also higher, prompted by momentum from the latest US record high; the Dollar rebound continued while oil rose above $48 as copper hit a two year high.