Republican Congressman from West Virginia Alex Mooney has proposed a bill “to define the dollar as a fixed weight of gold.” The problem is that the US may not have enough physical gold to back the greenback, an expert tells RT.
In bill number 5404, dated March 22, Mooney criticizes US monetary policy, citing the fall in the dollar’s purchasing power after the gold standard was abolished.
The FBI raided the office of President Trump’s personal lawyer, Michael Cohen, seizing records related to several topics including payments to porn star Stormy Daniels.
Manhattan federal prosecutors obtained the search warrant for Cohen’s after receiving a referral from the special counsel, Robert Mueller, according to Cohen’s lawyer, who called the search “completely inappropriate and unnecessary.”
The search does not appear to be directly related to Mueller’s investigation, but likely resulted from information he had uncovered and gave to prosecutors in New York.
Since 2013 China has been creating 55 billion tons of artificial rain a year. The country is now embarking on its biggest rainmaking project ever.
In terms of the plan, announced this month, Chinese authorities intend to force rainfall and snow over 1.6 million sq km (620,000 sq miles), an area roughly three times the size of Spain.
The central US has seen two mid level quakes within the past 10 hours. Oklahoma continues to get hit with 3M-5M Quakes. We now see activity popping up in Nebraska.
On the western front of the US, It seems to be the norm, with California seeing its normal swarming.
You can find updated info at the link below.
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Oklahoma’s fracking country has witnessed another strong quake. This time the earthquake registered at 4.7M.
In this video i also discuss other quake activity across the US. You can find more info at the link below.
Two days ago, when we commented on the early morning plunge in stocks (which was subsequently fully reversed by the close in a historic 800 point Dow reversal), we said that a long-standing question – will Trump pick plunging stocks or trade war – had finally gotten its answer when CNBC’s Eamon Javers said that a “White House official said the the WH recognizes that Trump’s actions are hitting the stock market, but this is “a longer term thing,” and the president has to follow through on a key campaign promise.”
Moments ago, Trump himself confirmed that when in a radio interview on Friday morning, the president said that U.S. markets could face some “pain’’ from the trade standoff with China and other countries, but – like on Wednesday – asserted that in the long-run, Americans would be better off due to his protectionist actions.
Speaking on WABC Radio’s “Bernie & Sid in the Morning’’ program, Trump said “I’m not saying there won’t be a little pain so we might lose a little of it but we’re going to have a much stronger country when we’re finished, and that’s what I’m all about.’
“We have to do things that other people wouldn’t do. So we may take a hit, but you know what, ultimately we’re going to be much stronger for it,’’ Trump said during the radio interview on Friday. “It’s something we had to do, and ultimately if you take a look it’s not only trade with China – it’s everybody.”
Scores of previously-unknown ancient drawings have been discovered in the Peruvian desert. The phenomenal images are believed to be some 100 years older than those previously found in the area.
Researchers used drones to capture never-before-seen footage of the striking ancient geoglyphs in the Palpa province, finding 50 new examples in the process, National Geographic reports.
A body recovered this week from a river in Atlanta has been identified as the US Centers for Disease Control and Prevention epidemiologist who vanished in February, Atlanta Police Department spokesman Carlos Campos said Thursday.
The remains of Timothy Cunningham, 35, were found Tuesday in the Chattahoochee River in northwest Atlanta, Campos said.
A news conference is set for 2 p.m. ET Thursday. The Atlanta Police Department, the Fulton County Medical Examiner’s Office and the Atlanta Fire Rescue Department will participate.
China has never surrendered to external pressure and it will win any trade war with the United States, the nation’s state media stressed in a series of editorials and columns in the hours after the world’s two top economies targeted each other with steep tariffs.
A large crack, stretching several kilometres, made a sudden appearance recently in south-western Kenya. The tear, which continues to grow, caused part of the Nairobi-Narok highway to collapse and was accompanied by seismic activity in the area.
The Earth is an ever-changing planet, even though in some respects change might be almost unnoticeable to us. Plate tectonics is a good example of this. But every now and again something dramatic happens and leads to renewed questions about the African continent splitting in two.
China’s military leadership has pledged its support to Russia as tensions between Moscow and the West further deteriorate into diplomatic isolation, economic sanctions and dueling defense drills.
In his first visit to Russia, newly appointed Chinese Defense Minister Wei Feng attended the seventh Moscow International Security Conference accompanied by a delegation of other high-level military officials. Emphasizing that his trip was coordinated directly with Chinese President Xi Jinping, Wei said that he had two major messages for Russia at a time when both nations were attempting to modernize their armed forces and strengthen their hands in global affairs in spite of U.S. fears.
Just before 4AM EDT, a Bloomberg headline hit which has not only unleashed a furious global selling wave, sending the S&P lower by nearly 2% and the Dow 600 lower, but may have changed the course of history: that’s when China announced it was striking back in the ever faster and more furious trade war between the US and China
Severe thunderstorms packing damaging winds, large hail and tornadoes are expected Tuesday across a wide area, from the Mississippi and Ohio valleys to Texas.
The grounding lines of Antarctica are on the retreat on the ocean floor. According to a new study by scientists at the University of Leeds, warm ocean water is shrinking Antarctica’s underwater footprint.
Moscow and Beijing will team up to create an integrated navigation system based on Russia’s Global Navigation Satellite System (GLONASS) and the Chinese BeiDou. The system will cover most of Eurasia.
The countries will reportedly negotiate the merger in May at the International Conference on Advanced Technologies in Manufacturing and Materials Engineering in the Chinese city of Harbin, Izvestia daily reports.
In what has been described as one of the biggest card heists in history, a hacker group claims it obtained payment details relating to five million customers of Saks Fifth Avenue and Lord&Taylor stores, located mostly in the US.
The breach was first discovered by cybersecurity firm, Gemini Advisory, and was later confirmed by Hudson’s Bay Company – one of Canada’s largest retail groups with a specific focus on the luxury market. The company owns Saks Fifth Avenue, Saks Off 5th and Lord&Taylor stores, which were identified by Gemini as victims of the hack.
Just days after Beijing officially launched Yuan-denominated crude oil futures (with a bang, as shown in the chart below, surpassing Brent trading volume) which are expected to quickly become the third global price benchmark along Brent and WTI, China took the next major step in the challenging the Dollar’s supremacy as global reserve currency (and internationalizing the Yuan) when on Thursday Reuters reported that China took the first steps to paying for crude oil imports in its own currency instead of the US Dollars.
Mount Etna is slowly sliding into the Mediterranean Sea, according to the first study which confirms the entire active volcano is shifting and could trigger catastrophic landslides and devastating tsunamis.
Scientists have confirmed for the first time that the entire volcano is moving in an east-south-east direction towards the town of Giarre, at an average rate of 14mm (.55 inches) a year. That’s according to the study published in the Bulletin of Volcanology.
People seeking a US visa may soon be required to disclose their social media information so that five years’ worth of their online footprint can be scrutinized. It was previously reserved for people from terrorism-affected states.
Diplomats and travelers facing extreme medical situations are to be exempt from the new, more rigorous vetting procedure proposed by the US State Department. All others, including immigrants and standard visitors, will have to disclose their accounts on a list of social media use in the past five years, as well as telephone numbers and email accounts used in the same period. Additional information may be required by the US government. Even the people with exemptions could be required to provide their social media info on some occasions.
