Less than 48 hours after announcing his executive order on refugees, global opposition to Trump intensified on Sunday as world leaders, US (mostly tech) companies and civil rights groups condemned the move to temporarily limit entry from predominantly Muslim countries.
Here are the latest updates in the ongoing saga as of noon on Sunday:
Submitted by Lance Roberts via RealInvestmentAdvice.com,
Since the November election of Donald Trump, the investing landscape has gone through a dramatic change of expectations with respect to economic growth, market valuations and particularly inflation. As I noted two weeks ago, there is currently “extreme positioning” in many areas which have historically suggested unhappy endings in the markets. To wit:
One U.S. servicemember was killed and three were wounded in a raid against al-Qaeda militants in Yemen, the Pentagon said Sunday. It was first combat death under the administration of President Trump and, if Trump's executive order on expanding the US military deployment in the middle east and partitioning Syria into safe zones is followed, many more are sure to follow.
The name of the servicemember killed in action is being withheld pending next of kin notification, the statement said.
In the harshest warning yet that China is actively contemplating a worst case scenario for its diplomatic relations with the US, a senior Chinese military official said that “a war within the president’s term’ or ‘war breaking out tonight’ are not just slogans, they are becoming a practical reality.” The remarks, first reported by the SCMP, were published on the People’s Liberation Army website in response to the escalating rhetoric towards China from America's new administration, and as Beijing braces itself for a possible deterioration in Sino-US ties, with a par
Following a tumultuous night, in which late on Saturday evening a Brooklyn Federal Judge issued a partial ban on Trump's immigration order, on Sunday morning the Department of Homeland Security issued a statement saying it planned on continuing to “enforce all of the president’s executive orders in a manner that ensures the safety and security of the American people.” The DHS said the court order would not affect the overall implementation of the White House order and the court order affected a small number of travelers who were inconvenienced by security procedures upon th