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Bibi1581.com Blog For 02/27/2019: Evening Edition

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1…………> US/North Korea Deal: No Rush

 

“Speed is not that important to me, I have great respect for Chairman Kim, and his country, and believe that it will be something economically that will be almost hard to compete with for many countries. It has such potential,” President Trump said in Vietnam’s capital Hanoi, where he is meeting Comrade Un.

The second summit since Mr.Trump took office amid heightened tensions over the North’s ballistic missile and nuclear weapons testing has lead to negotiations between Washington and Pyongyang that have since have stalled, and while there have been no additional missile tests, Comrade Un has made further progress toward denuclearization contingent on the easing of biting international sanctions.

Comrade Un told reporters in a possibly unprecedented response to a shouted question, “It’s too early to tell, but I wouldn’t say that I’m pessimistic.”

 

https://www.aa.com.tr/en/americas/trump-north-koreas-kim-kick-off-second-day-of-summit/1404985

 

2…………> ISIS Supporter: In The Slammer 

 

“Today’s sentencing shows the dedication of the National Security Division and our partners to hold accountable those who seek to provide material support to foreign terrorist organizations and to conduct violence on their behalf.

Amer Sinan Alhaggagi was sentenced today to 188 months for attempting to provide material support to a designated foreign terrorist organization and identity theft charges.

“Alhaggagi wanted to carry out deadly terrorist attacks in the United States in the name of ISIS,” said Assistant Attorney General Demers.

 “I commend the work of the agents, analysts, and prosecutors who are responsible for this case”.

 

https://www.justice.gov/opa/pr/isis-supporter-sentenced-almost-16-years-attempting-provide-material-support-foreign

 

3…………> On The Brink Of War: Nukes Ready?

 

A downed Indian fighter pilot who was bloody attacked by a mob and then paraded on video by Pakistan’s army has become the human face of a ominous crisis between the nuclear-armed neighbors, as India’s furor exploded after Pakistan’s military shot down two warplanes and captured one of the pilots. 

The man was brutally beaten by Pakistani villagers and a video taken by soldiers in clips have since gone viral on social media, seeing him fast emerge as a symbol of the dangerous flare-up between the arch-foes,  raising tensions between the two rivals to a level unseen in decades, forcing India to build more than 14,000 bunkers.

 

https://www.abc.net.au/news/2019-02-28/captured-indian-pilot-becomes-face-of-kashmir-crisis/10855776

 

 

4…………> Judah Cohen Attacking Trump: Impeachment 101?

 

Former Trump attorney Michael Cohen described him as a racist and conman who forced supporters to cover up politically damaging allegations about sex and lied about his business interests in Russia throughout the campaign that sent him to the White House,

Saying he’s “not protecting Mr Trump anymore”, and disclosing that Federal prosecutors are investigating Trump’s conversations, the convicted felon and liar testified that Mr. Trump had advance knowledge and embraced the news that emails damaging to Hillary Clinton would be released.

Shaking off relentless criticism from Republicans anxious to paint him as a dishonest person, Cohen became the first Trump insider to pull back the curtain on his version of the inner workings of Mr Trump’s political and business operations.

 

https://www.abc.net.au/news/2019-02-28/donald-trumps-former-lawyer-michael-cohen-testifies/10855572

 

 

 

5…………> Market Report for 02/27/2019, sell stop at 25850, CG 4010, 11/21/

 

Long position at 22900, sell stop at 25100 triggered for a gain of 1900 points, last position short 25050, cover short 25150 for a loss of 100 points, new position long 25150, sell stop 25850 for a gain of 700 points.

Stocks down 73 to 25985, DJ futures -28, rally continuing due to anti-tariff talks to end the government shutdown and China spending 1 trillion dollars to buy US products.

Gold down to 1320.1 and USD/CHF at 1.00 due to President Trump setting tariffs on Chinese products.

 

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