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Blackwater USA – Daily Brief

Coming Up This Week Federal Reserve Chairman Jerome Powell hopes to advocate for a rate cut this week—even though economic indicators look good—because the economy isn’t responding to Fed policy as theory would expect. The second Democratic primary debate will take place over two nights—tomorrow and Wednesday—in Detroit. China Hong Kong saw another round of…

Blackwater USA – Daily Brief 7/27/19

U.S. The Senate Intelligence Committee issued a heavily-redacted report saying that Russia targeted all 50 states’ election commissions during the 2016 cycle. It’s only the first of five volumes the Committee is producing on Russian interference. The Senate confirmed Gen. Mark Milley as the next chairman of the Joint Chiefs of Staff by 89-1. Saudi…

Blackwater USA – Daily Brief 7/26/19

Saudi Pres. Trump vetoed three joint resolutions to prohibit arms sales to Saudi Arabia. The measures were intended to withdraw U.S. support for Saudi, in protest of Saudi’s poor human rights record, but Trump said they were “ill conceived” and didn’t address the “root causes” of the war in Yemen. China Reuters reports that an official…

Blackwater USA – Daily Brief 7/24/19

Brexit Boris Johnson was officially proclaimed the winner of the Conservative Party’s leadership ballot, so he will succeed Theresa May as PM, starting tomorrow. Johnson has pledged to lead the UK out of the EU by the current October 31st deadline—with or without a deal. Venezuela The Miami Herald reports that the U.S. is willing to offer Pres….

Blackwater USA – Daily Brief 7/23/19

China The Washington Post says that Huawei secretly helped build and maintain North Korea’s wireless network, possibly contradicting U.S. sanctions on DPRK (since Huawei’s technology includes some American components). The Post’s exposé is pasted below. Cambodia reportedly signed an undisclosed agreement that gives China exclusive access to a Cambodian naval base, though Cambodia denies the agreement even…

Blackwater USA – Daily Brief 6/18/19

China China is still supporting Hong Kong chief executive Carrie Lam—and reportedly blocking her from stepping down—but calls for her resignation are intensifying. Separately, Huawei’s CEO estimated that U.S. restrictions on the company will cost it $25 billion in sales this year—around 20% of the revenue it expected for 2019. Egypt Egypt’s first democratically-elected president,…

Blackwater USA – Daily Brief 6/17/19

Coming Up This Week Pres. Trump officially launches his 2020 reelection campaign tomorrow, though the WSJ says his 2016 campaign “never really ended.” The U.S. Federal Reserve is expected to leave rates unchanged in its meeting June 18-19, but it faces some pressure from Pres. Trump to cut them. The UN High Commissioner for Human Rights, Michelle…