Your Look At Things To Know For Your Monday

As you face your day, Smile Often, Think Positively, Give Thanks, Laugh Loudly, Love Others ,Dream Big, Remember, Life is like a Camera, Focus on What’s  Important, Capture The Good Times, Develop From The Negative and If Things Don’t Work out, Take Another Shot. Difficult Roads Often Lead To Beautiful Destinations. Don’t Quit.

 

Your look at Things to know for Your Monday 

 

The wildfires may be contained, but California’s wine country is struggling to attract visitors. Here’s what else you need to know to Get Up to Speed.
 
Iran-Iraq earthquake
Hundreds are dead after a powerful earthquake rocked the Middle East over the weekend. At least 300 were killed and more than 2,500 injured when the 7.3 magnitude quake hit the border region between Iran and Iraq. The quake’s epicenter was in Iraq, but it devastated the Iranian border town of Sarpol-e Zahab, where at least 100 people died. Part of a dam was cracked in another town. The tremor was felt across the region as far away as Pakistan, Lebanon, Kuwait and Turkey.
Trump in Asia
President Trump is in the Philippines to attend the ASEAN summit, which marks the final stop on his almost two-week Asian trip. This could have been the trickiest stop on the tour, since it required meeting controversial Philippine President Rodrigo Duterte, who has waged a bloody war on drugs and crime in his country and has even admitted to murder. But Trump had no difficulties exchanging pleasantries with Duterte. The two men met privately for about 40 minutes. The White House said the President “briefly” brought up human rights, something Duterte’s spokesman denied.
Texas church shooting
This was by far the toughest sermon Frank Pomeroy ever delivered. The pastor of the Texas church — where 25 people, including his own 14-year-old daughter, and an unborn child were killed — fought back tears during the First Baptist Church’s first service since the shooting. “I guarantee without any shadow of a doubt they are dancing with Jesus today. God gets the glory,” Pomeroy said during the service, held under a white tent on a baseball field not far from the church.

For Sunday’s service, the site of the shooting was transformed into a memorial. The entire church gleamed in white, and there were 25 red roses on 25 white chairs for the victims. One chair held a single pink rose in honor of the unborn child. First Baptist Church will resume services in its sanctuary next Sunday.

Rohingya crisis
We are learning terrible details about a massacre of Rohingya in a village called Tula Toli in Myanmar. A Bangladeshi-British documentary filmmaker said those who escaped the area and made it to Bangladesh told him horrific tales of rape, mass murder and people being burned alive.

More than 600,000 Rohingya refugees have fled Myanmar into Bangladesh since August. They’re escaping violent clashes in areas where Myanmar’s military is conducting what it calls “clearance operations.” The UN and human rights groups like Amnesty International call it ethnic cleansing. The Rohingya, a mostly-Muslim ethnic group who are effectively stateless, are considered the most persecuted people in the world.

Aircraft carriers
It was quite the show in the Pacific over the weekend as three US Navy aircraft carriers sailed together for the first time in a decade. The three 100,000-ton behemoths — the USS Ronald Reagan, the USS Theodore Roosevelt and the USS Nimitz — along with their multi-ship strike groups conducted exercises near the Korean Peninsula and Japan. The presence of the ships in Pacific waters is seen as sending a message to North Korea, namely that the US won’t be intimidated by the North’s continued nuke testing.

People are talking about these too. Read up. 
Dame of dish
Before social media, the best way to keep up with celeb gossip was to read Liz Smith. The famed gossip columnist has died at age 94.

Ever-expanding universe
Disney says it’s starting work on a new “Star Wars trilogy” with brand new characters. Hey, how about finishing this current trilogy first?

Face to face
A man who received a face transplant met the donor’s family. Go ahead and grab those tissues now.

Suit up
He’s no Tony Stark, but a man wearing a real-life “Iron Man” suit set a world record for body-controlled, jet-powered flight.

CNN

 

 

Trump meets Asian leaders as tax debate heats up in Washington, OPEC head says cuts ‘only viable option’ and where next for the Treasury market?

Asia trip

President Donald Trump met with Philippine leader Rodrigo Duterte in Manila in a sign of improving relations after Duterte used unparliamentary language in a reply to President Obama’s criticism of his war on drugs last year. Trump also held a three-way meeting with Australian Prime Minister Malcolm Turnbull and Japanese Prime Minister Shinzo Abe today. Back in the U.S. the debate over the tax bill continues, with House Republicans pushing back against the Senate proposal to eliminate deductions for state and local taxes.

Oil cuts

Poduction cuts are the “only viable option” to restore stability to the oil market, OPEC Secretary-General Mohammad Barkindo said before producers meet on Nov. 30 to decide whether to extend the current output deal. A barrel of West Texas Intermediate was trading at $56.70 at 5:40 a.m. Eastern Time after capping a fifth weekly gain on Friday. One of the other big stories for oil-watchers continues to be the Saudi Arabian Oil Co. IPO, with Chief Executive Officer Amin Nasser telling reporters this morning that there is still no decision on how much of the company will be offered, or where the listing outside of the kingdom will be.

Where next?

The Treasury curve was the flattest in 10-years as Federal Reserve rate hike expectations push up short-end yields and lowflation suppresses the longer end. Some analysts are warning that the last time the curve was this flat it was followed by an 18-month recession, with Lacy Hunt, chief economist at Hoisington Investment Management, seeing a good chance of an inverted yield curve as soon as a year from now. Others have started placing tactical bets that the curve will start to steepen amid forced selling and other technical factors as investors take a breather from the hottest trade in the world’s biggest bond market.

Markets drop

Overnight, the  MSCI Asia Pacific Index declined 0.6 percent, with Japan’s Topix index closing 0.9 percent lower while the Nikkei 225 Stock Average tumbling 1.3 percent. In Europe, the Stoxx 600 Index was 0.3 percent lower at 5:40 a.m., with London’s FTSE 100 index gaining as the pound fell. S&P 500 futures were 0.1 percent lower, the 10-year Treasury yield was at 2.375 percent and gold was slightly higher.

Bitcoin tumbles

Bitcoin extended a slide from last week’s high to as much as 29 percent over the weekend, recovering some of those losses to trade at $6,402.85  by 5:40 a.m. The latest sell-off in the cryptocurrency came after a technology upgrade was cancelled, which meant some investors switched to other digital cash. Part of the recovery in bitcoin prices this morning may be due to short covering, with Bitfinex — the world’s second-largest cryptocurrency exchange — saying current short positions are at their lowest level since July.

Here’s what you should read today

Bloomberg

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