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'No recession in sight,' says Trump adviser despite increased concerns |
There is increasing concern about recession in the U.S. Last week, the bond market sent a signal that sent stocks tumbling. That, combined with other economic and geopolitical disruptions, led investors to flee stocks in anticipation of an economic slowdown. But despite market swings and ongoing trade wars, President Donald Trump's top economic adviser, Larry Kudlow, claimed there's "no recession in sight" during the latest "Fox News Sunday." Peter Navarro, another White House economic adviser, said Sunday that trade talks with China are going well and that steps by the Federal Reserve will help keep the global economy humming. The Dow Jones Industrial Average suffered its worst plunge of the year Wednesday, caused in part by fears of a worldwide recession and global trade wars. The market returned to positive territory midday Thursday. But jitters remain. |
• | Also: President Donald Trump is considering purchasing Greenland. "We're looking at it," Trump told reporters Sunday. "It's not No. 1 on the burner." That's despite the fact that Greenland's government told Trump on Friday that the island was "not for sale." | |
At least 63 killed in wedding attack in Afghan capital |
A suicide-bomb blast ripped through a wedding Saturday in Afghanistan's capital, killing at least 63 people, and wounding nearly 200 , officials say. The Islamic State group's affiliate in Afghanistan has claimed responsibility for the Kabul blast. A statement by the militant group posted on an IS-linked website on Sunday says that a Pakistani IS fighter seeking martyrdom targeted the large Shiite gathering. The IS affiliate claimed that after the suicide bombing, a car bomb was also detonated in the attack. |
Former NFL running back dies in motorcycle accident at 36 |
Former NFL running back and Texas Longhorns star Cedric Benson died Saturday night in a motorcycle accident , Benson's attorney, Sam Bassett, told USA TODAY Sports on Sunday. Benson was 36. Earlier on Saturday, Benson had posted an image of a BMW motorcycle to his Instagram story with the caption: "MY SATURDAY EVENING" with a series of heart emojis following. Benson, a native of Midland, Texas, is one of the legendary players in Texas high school football history. In his eight-year NFL career that spanned from 2005-12, Benson played with the Chicago Bears, Cincinnati Bengals, and Green Bay Packers. |
| Cedric Benson played for the Bears, Bengals and Packers during his eight-year career. | David Kohl, AP | |
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Gibraltar rejects US pressure, says Iranian tanker is free |
The government of Gibraltar on Sunday rejected a U.S. request to continue holding an Iranian supertanker detained on suspicion of attempting to breach global sanctions against Syria. The ship was seized July 4 in a British Royal Navy operation off the coast of Gibraltar. A Gibraltar court ordered the tanker released Thursday, setting off legal efforts to keep the ship from leaving. On Friday, the U.S. Justice Department issued a warrant to seize the tanker, claiming Iranians illegally used the U.S. banking system to finance the oil shipment. The dispute comes amid a standoff between Iran and the U.S. after President Donald Trump withdrew from an international nuclear accord with Tehran and reimposed sanctions. Tensions in the Persian Gulf have been on the rise since. |
| In this July 4, 2019 file photo, a Royal Marine patrol vessel is seen beside the Grace 1 super tanker in the British territory of Gibraltar. | Marcos Moreno, AP | |
As Beijing's grip tightens, hundreds of thousands hit Hong Kong streets |
Heavy rain failed to discourage hundreds of thousands of protesters who swarmed Hong Kong streets Sunday as pro-democracy demonstrators rallied against the slowly tightening grip of the Beijing government . A swath of downtown was paralyzed when protesters marched through the streets despite a ban on such marches by the government. No police clashes were reported after a string of protests that saw angry crowds dispersed by tear gas among an estimated 1.5 million-plus people. Protesters are seeking the resignation of Hong Kong Chief Executive Carrie Lam. They also want charges dropped against hundreds of protesters along with the formation of an independent commission to study police and government officials, among other goals. |
| Thousands of people streamed into a park in central Hong Kong for what organizers hoped would be a peaceful demonstration for democracy in the semi-autonomous Chinese territory. | Vincent Thian, AP | |
Portland police keep far-right protesters, antifa groups apart |
Violent clashes were mostly avoided between far-right protestors and far-left, anti-fascist activists Saturday at dueling protests in Portland, Oregon. At least 13 people were arrested, and six suffered minor injuries amid 1,200 people on the streets, according to police. The far-right Proud Boys, an all-male extremist group, claimed success after the "End Domestic Terrorism" rally and vowed to conduct monthly protests in Portland after the weekend. Proud Boys organizer Joe Biggs said his group sought national attention, and they got it: President Trump tweeted Saturday that "major consideration" is being given to declaring the militant leftist group "antifa" as a terrorist organization. |
This is a compilation of stories from across the USA TODAY Network. Contributing: Associated Press. |
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