News 

Japan official urges caution over Trump’s complaint on strong dollar

“At the meeting, Japan asked China for clarification of its yuan currency policy, seeking factors behind its depreciation” writes Tomohiro Ohsumi for cnbc.com. The U.S. president also lamented the strength of the dollar and accused the European Union and China of manipulating their currencies.Aso voiced concerns at the G20 that acceleration of monetary policy normalization in advanced economies could weaken emerging market currencies and cause capital outflows from countries such as China.That could make Japan vulnerable to criticism of being a currency manipulator as it remains on the U.S. Treasury’s…

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Inspector warned duck boat company of design flaws last year

“A private inspector said Saturday that he warned the company operating duck boats on a Missouri lake about design flaws putting the watercraft at greater risk of sinking, less than a year before the accident that killed 17 people during a sudden storm” writes The Associated Press for seattletimes.com. Paul said the duck boats he inspected — which the company had just purchased or repaired — vented exhaust from the motor out front and below the water line. Source: seattletimes.com Share This:

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Documents used to wiretap Trump ex-adviser Carter Page disclosed

“The application shows the FBI told the court it believed the person who hired Steele was looking for dirt to discredit Trump” writes Charlie Savage for seattletimes.com. But the length of the applications grew significantly each time, indicating that new information was being added: They were 66 pages, 79 pages, 91 pages and 101 pages, respectively. Source: seattletimes.com Share This:

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FBI releases documents on former Trump adviser surveillance

“WASHINGTON (Reuters) – The FBI on Saturday released documents related to the surveillance of former Trump presidential campaign adviser Carter Page as part of a probe into whether he conspired with the Russian government to undermine the 2016 U.S. election” writes Midwest Communications Inc for 95kqds.com. It added Page “has established relationships with Russian Government officials, including Russian intelligence officers.”.  Source: 95kqds.com Share This:

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Crypto News 

Bitcoin Price Hasn’t Bottomed Yet, According…

“Despite the substantial price increase, Arthur Hayes, CEO of cryptocurrency exchange BitMEX, holds that we have yet to see a serious decline” reports livebitcoinnews.com. According to Arthur Hayes, however, we haven’t seen the worst Bitcoin price yet.Speaking to CNBC’s Fast Money Thursday, July 19th, he noted: Hinting that Bitcoin hasn’t bottomed yet, Hayes also said that the first and foremost cryptocurrency could increase in price before falling again.Bitcoin (BTC) recently gained over $700 in less than 45 minutes, marking an increase of upwards of 10 percent.Silbert said at the Delivering…

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U.S. courts allies with free trade offers at G20, France resists

“The International Monetary Fund (IMF) also warned that the recent wave of trade tariffs would significantly harm global growth” writes Midwest Communications Inc for 95kqds.com. The last G20 finance meeting in Buenos Aires in late March ended with no firm agreement by ministers on trade policy except for a commitment to “further dialogue.”. “If Europe believes in free trade, we’re ready to sign a free trade agreement,” Mnuchin said, adding that such a deal would require the elimination of tariffs, non-tariff barriers and subsidies. Source: 95kqds.com Share This:

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German industry groups warn U.S. on tariffs ahead of EU-U.S. meeting

“BERLIN (Reuters) – German industry groups warned on Sunday, ahead of a meeting between European Commission President Jean-Claude Juncker and U.S. President Donald Trump, that tariffs the United States has recently imposed or threatened risk harming the U.S. itself” writes Midwest Communications Inc for 95kqds.com. Dieter Kempf, head of Germany’s BDI industry association, told the Welt am Sonntag newspaper it was wise for the European Union and United States to continue their discussions. Source: 95kqds.com Share This:

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Some good news for the long-term gold bulls — supply is getting tighter

“The supply side of the gold market isn’t the one you hear about often” reports forexlive.com. Gold bulls have been beaten down recently but the Globe & Mail today lays out the situation. 1) There haven’t been any mega-gold mine discoveries in nearly 20 years, despite the boom. 2) The lives of gold mines are typically 25-40 years. 3) Mining exploration dipped after the commodity bust (but has picked up more recently) 4) It’s tougher than ever to get approvals to build a mine 5) Gold mining technology is essentially…

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‘Mega Man: Fully Charged’ cartoon features some cool visual twists on a gaming classic

“Mega Man is returning to television to kick some robot ass” writes Kellen Beck for mashable.com. The first look at the upcoming Cartoon Network series Mega Man: Fully Charged dropped during Comic-Con on Saturday, giving the world a glimpse at the first episode with infamous boss Fire Man as the villain of the week.Interestingly, there appears to be a small robot that lives inside of Mega Man’s head that insults people, which is incredibly strange and a new piece of information to me. Source: mashable.com Share This:

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