Today is Aug 2, and here are the stories I am following.
1-US walks away from landmark INF arms control treaty with Russia
The United States is formally withdrawing from the historic Intermediate-range Nuclear Forces (INF) treaty that President Reagan and Soviet leader Mikhail Gorbachev signed more than 30 years ago, sparking fears of a new arms race. The U.S. blames Russia for the demise of the INF treaty, senior administrations officials say, arguing that Moscow has been violating the terms of the agreement for years. Moscow, the U.S. argues, has been developing weapons that threaten America and its allies in Europe. Without the constraints of the treaty, the Trump administration says it can now counter Russia — and China, which wasn’t a signatory of the INF, but was developing similar weapons that would have violated it, too.
DML: Meanwhile….North Korea fired what appeared to be short-range ballistic missiles twice Friday into the sea off its eastern coast — its third round of weapons tests in just over a week.
2-Michelle Obama to Dems’ rescue?
Former first lady Michelle Obama is resisting calls for her to run for president, saying there’s “zero chance” that she will seek the Oval Office. In a new interview published in Amtrak’s magazine The National, Obama said “It’s just not for me,” when responding to the question about running for president.
DML: That’s what they all say.
3-RFK granddaughter Saoirse Kennedy Hill, 22, found dead
The 22-year-old granddaughter of Robert F. Kennedy died Thursday at the fabled political family’s compound in Hyannisport, Mass., the family said in a statement. Saoirse Kennedy Hill was the daughter of Courtney Kennedy Hill, the fifth of 11 children born to the late New York senator and wife Ethel.
4-US preparing to withdraw thousands of troops from Afghanistan
The Pentagon is preparing to withdraw thousands of troops from Afghanistan as part of a proposed peace deal with the Taliban.
DML: A deal with the Taliban? Where’s the signing being held, in a cave?
U.S. stocks surrendered big gains Thursday, falling hard after President Trump tweeted that additional tariffs would be slapped on Chinese goods. The Dow Jones Industrial Average had been up 311 points before the tweet — meaning that within minutes of the tariff news the blue-chip index had plunged from a peak to a trough of more than 600 points. Trump said he will impose 10 percent tariffs on Sept. 1 on the remaining $300 billion in Chinese imports he hasn’t already taxed. China’s foreign minister was disappointed in Trump’s decision.
DML: Lets hope he know what he is doing. Not certain I would have suggested such a thing right when the economy is set to take off. But stay tuned.
6-Big pharma set to compete in CBD market
CBD is attracting the interest of the biggest consumer-health companies. The venture formed by pharma giants GlaxoSmithKline Plc and Pfizer Inc. is studying CBD as part of an effort to ensure it’s the No. 1 consumer pain relief company in the world, Chief Executive Officer Brian McNamara said in an interview Thursday after the companies announced the transaction was complete. The new entity hasn’t made any decisions, he said.
DML: DML PURE CBD will continue to be the best product on the market at the most affordable price. Get your today at DMLcbd.com