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posted on 26 January 2018

Early Headlines: Asia Stocks Mixed, Dollar, Oil And Gold All Down, Global Infl. Expectations Rising, Russia Investigation Blockbuster?, FBI Bias Case Fading, China Stock Rally, And More

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Early Bird Headlines 26 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.

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‚ÄčGlobal

asia.pac.2018.jan.26

U.S.

  • Facebook told a Senate committee that its software "in some cases" recommended content produced by Russian propaganda operatives.
  • The company also said it has found "insignificant overlap" between Russian-produced content and pages created by the Trump's election campaign.
  • DOJ office says it has found missing text messages of FBI officials (The Hill) Months of missing text messages between two FBI officials have been located, according a letter obtained by The Hill. Justice Department Inspector General Michael Horowitz told Sens. Chuck Grassley (R-Iowa) and Ron Johnson (R-Wis.) in a letter that the messages spanning from December 2016 to May 2017, previously thought missing due to a technological glitch affecting FBI phones, have been found. The messages between FBI agents Peter Strzok and Lisa Page have come under scrutiny primarily by GOP lawmakers who say that they are proof of political bias against President Trump in the Russia investigations and in the FBI overall. The letter read:

“The [Office of the Inspector General] has been investigating this matter, and, this week, succeeded in using forensic tools to recover text messages from FBI devices."

  • Trump to support path to citizenship for 1.8 million Dreamers (The Hill) The White House will endorse allowing as many as 1.8 million young immigrants to seek U.S. citizenship in an immigration plan that will be released next week, senior administration officials said Thursday. In exchange for the "Dreamer" protections, President Trump will seek billions of dollars for a border wall and sweeping changes to the immigration system.
  • Trump ordered Mueller's firing last year but was stopped by WH counsel: report (The Hill) President Trump attempted to fire special counsel Robert Mueller last summer but was stopped after White House counsel Don McGahn threatened to resign, according to a new report. The New York Times reports Trump ordered Mueller to be fired in June, according to four people with knowledge of the matter.

Trump reportedly said Mueller had conflicts of interest in his investigation of Russian interference in the 2016 election, including a dispute over fees at Trump’s National Golf Club in Virginia and Mueller’s previous employment at a law firm that represent Trump’s son-in-law Jared Kushner, according to the Times.

  • "The dollar is going to get stronger and stronger and ultimately I want to see a strong dollar," Trump tells CNBC.
  • A day earlier, Treasury Secretary Steven Mnuchin said he welcomed a weaker U.S. dollar.
  • Mnuchin's comments kicked off a 2 percent decline in the dollar index.

Russia

  • President Donald Trump accused Russia of helping North Korea avoid international sanctions.
  • The Kremlin has denied such actions, but experts say that Russian President Vladimir Putin could have multiple reasons to help Kim Jong Un's regime.

Malaysia

China

"The growth will continue and the growth will continue at a rapid pace. The expansion that's happening there is rapid, once in a lifetime and we think it's going to continue."

china.fxi.2006.2018.jan.24

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