FREE NEWSLETTER: Econintersect sends a nightly newsletter highlighting news events of the day, and providing a summary of new articles posted on the website. Econintersect will not sell or pass your email address to others per our privacy policy. You can cancel this subscription at any time by selecting the unsubscribing link in the footer of each email.

posted on 04 January 2018

Early Headlines: Asia Stocks And Oil Up, Dollar Flat, Gold Down, Trump Halts Fake Votes Search, Infrastructure Hurdles, Gerrymandering, Pakistan Drops Dollar, Sneaking Oil Into N. Korea, And More

Written by

Early Bird Headlines 04 January 2018

Econintersect: Here are some of the headlines we found to help you start your day. For more headlines see our afternoon feature for GEI members, What We Read Today, published Monday, Wednesday and Friday, which has many more headlines and a number of article discussions to keep you abreast of what we have found interesting.


Please share this article - Go to very top of page, right hand side for social media buttons.

Special Announcement

The Early Bird has returned and will be published Monday through Friday.




Utah Republican Sen. Orrin Hatch announced on Tuesday that he will not seek re-election later this year, clearing the way for Mitt Romney - a top critic of President Donald Trump - to run for, and likely win, the seat.

  • Donald Trump's lawyer threatens legal action against former White House chief strategist Steve Bannon for making "disparaging" and "outright defamatory" statements about the president
  • The lawyer, Charles Harder, sent a letter to Bannon on Wednesday, demanding him to "cease and desist" any more of such claims
  • In a new book about Trump's first year in office, Bannon was quoted as saying a June 2016 Trump Tower meeting between Donald Jr. and a Russian lawyer was "treasonous"

Many insurers, brokers and health insurance exchange managers use Connecture systems to handle enrollment in Medicare Advantage plans, Medicare supplement insurance plans, Medicare Part D prescription drug plans and other types of Medicare plans.

Overall signup activity was strong, and Medicare drug plan signups increased about 40%, Connecture estimates, based on its clients' election period activity.

  • Congressman Took Job With Business Group While Writing Tax Bill That Benefits Its Members (International Business Times) Congressional ethics laws appear to require lawmakers to recuse themselves from shaping or voting on laws that would financially benefit themselves, their family or their future employers. But Ohio Rep. Pat Tiberi accepted an offer to run a state trade organization, the Ohio Business Roundtable (BRT), while helping write the Republican tax bill.

The trade group’s member companies have donated to Tiberi’s political campaigns, and many of them stand to gain from the bill, which slashed business income taxes and introduced several provisions that will benefit wealthy investors and corporate executives in various industries. He will begin the job by January 31st.

  1. Democrats' Opposition to Private-Public Partnerships
  2. Fiscal Conservatives' Opposition to Spending
  3. Difficulty in Identifying Funding Offsets
  4. A Crowded Agenda
  5. Midterm Elections
  • Jeff Sessions’ Marijuana Adviser Wants Doctors to Drug-Test Everyone (Daily Beast) Dr. Robert DuPont practically invented the term ‘gateway drug’ in the 1980s. Now he’s back with radical ideas on how to fight the war on drugs. Dr. DuPont, now an adviser on marijuana policy to Attorney General Jeff Sessions wants to see doctors make drug testing a routine part of primary-care medicine and force some users into treatment against their will, he told The Daily Beast.
  • These three maps show just how effectively gerrymandering can swing election outcomes (Daily Kos) North Carolina was one of the ultimate swing states in 2016 as one of the rare states with truly competitive races for president, Senate, and governor. Remarkably, though, not a single seat changed hands in the state’s House delegation, where Republicans maintained a lopsided 10-to-3 advantage over Democrats. While there are many reasons for this, gerrymandering is one of the most important. Three different maps shown below demonstrate how wildly divergent outcomes are possible for congressional elections in the very same state:



  • Trump's Call for Regime Change Could Sabotage Iran Protests (The Real News Network) Can Iranian protesters achieve their demands while President Trump capitalizes on them to sabotage the Iran nuclear deal and push regime change? This interview is with Trita Parsi of the National Iranian American Council and Dr. Eskandar Sadeghi of the University of Oxford:


  • A day after President Donald Trump slammed Pakistan on Twitter, the South Asian nation announced it will replace the dollar with yuan for bilateral trade with Beijing
  • As U.S.-Pakistan relations grow increasingly strained, China has been pursuing closer links with the country


North Korea

  • This Is How to Sneak Oil Into North Korea (Bloomberg) Donald Trump’s desire to squeeze Kim Jong Un’s regime risks being undermined by the furtive maneuvers of oil tankers at sea. The enforcement of international measures limiting sales to North Korea -- part of an effort to force Kim to abandon nuclear weapons -- is becoming near impossible because suppliers of illicit fuel are using an old oil-trading practice that helps obscure its origin and destination.

Ship-to-ship transfers, when cargoes are pumped from one tanker to another in the ocean, are legal and typically used to break up large oil shipments into parcels on smaller vessels. But they can also be used as a trick that makes it difficult to track supplies, and have been barred by the United Nations for sales to North Korea.

  • When a North Korean Missile Accidentally Hit a North Korean City (The Diplomat) On April 28, 2017, North Korea launched a single Hwasong-12/KN17 intermediate-range ballistic missile (IRBM) from Pukchang Airfield in South Pyongan Province (the Korean People’s Army’s Air and Anti-Air Force Unit 447 in Ryongak-dong, Sunchon City, to be more precise). That missile failed shortly after launch and crashed in the Chongsin-dong, in North Korean city of Tokchon, causing considerable damage to a complex of industrial or agricultural buildings.


>>>>> Scroll down to view and make comments <<<<<<

Click here for Historical News Post Listing

Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.

Econintersect Contributors

Print this page or create a PDF file of this page
Print Friendly and PDF

The growing use of ad blocking software is creating a shortfall in covering our fixed expenses. Please consider a donation to Econintersect to allow continuing output of quality and balanced financial and economic news and analysis.

Keep up with economic news using our dynamic economic newspapers with the largest international coverage on the internet
Asia / Pacific
Middle East / Africa
USA Government



Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2018 Econintersect LLC - all rights reserved