Happy Fourth of July!
US State Budget Hang Ups / Gov't Shutdowns
House called to order. A whopping 54 of 118 members here. Not enough for a quorum
Appears the House will wait a few days for override attempt on budget package.
And the overrides are complete. Tax and budget package goes back to House for override, which Speaker Madigan says will not happen today.
Illinois Senate approves major income tax hike despite Rauner veto threat
Last part of budget plan, Illinois Senate votes 36-17 for budget implementation bill. #twill
Roll call on budget implementation bill.
Senate votes 39-14 to pass spending bill. #twill
Roll call on spending bill, 39-14.
Senate votes 36-18 to pass revenue bill. #twill
Roll call on revenue bill in Senate. Sen. Righter, a Republican, who voted yes.
Here we go. Illinois Senate starting debate on revenue bill. #twill
The House is in later this afternoon, so it's possible the passage/veto/override process could play out late into the day.
If it passes, Gov. Bruce Rauner has vowed immediate veto.
Cullerton spokesman confirms the Senate will vote on all three bills, revenue, spending and budget implementation. #twill
Senate President Cullerton statement says Senate will vote on a "balanced budget" on Tuesday. Does not specify which bills.
Quick change. Illinois Senate now reconvening at 9:30 a.m. instead of 10 a.m. on Tuesday. #twill
Maine ends 3-day government shutdown
BREAKING: New Jersey GOP Gov. Chris Christie signs $34.7B budget deal following impasse that led to 3-day government shutdown.
Christie to sign bill ending New Jersey's government shutdown http://hill.cm/6fqattc
Democrats put forth two-year state budget http://ow.ly/9Q3o30d8Ibj
White House says that the meeting between President Trump and President Putin is set for Friday afternoon.
China and Germany expected to take up leadership role long held by US at G-20: report http://hill.cm/cPbJYlN
Finally Maine, with the worst governor in the US, does the right thing, what we voters wanted, privacy.
Maryland official resigns from Trump's voter fraud commission http://hill.cm/R6IeZNv
Pentagon withholding nuclear weapons inspection results: report http://hill.cm/3ztW6gs
North Korea has just launched another missile. Does this guy have anything better to do with his life? Hard to believe that South Korea.....
....and Japan will put up with this much longer. Perhaps China will put a heavy move on North Korea and end this nonsense once and for all!
Qatar - Arab Quartet Rift...
Q exprsd readiness 2answer terror-related demands,discuss + demands n direct talks incl:AJA,TR base&compensations:
#QATER | AL THANI: DEMANDS ARE NEITHER REASONABLE NOR ACTIONABLE - BBG
#Libya|n Army Spox holds press conf. in Cairo 2dy re documents 2 be submitted by Libya to ICC on #Qatar's support of terror in his country
UAE says still awaiting Qatar response to Arab demands http://reut.rs/2tF7pf1
Kuwait Emir’s Envoy to Deliver Letter to Qatar Ruler Amid Crisis: BBG
UAE says Qatar "reluctant" to end support of "terrorism" and Arab allies await Qatar's answer on demands http://xhne.ws/8YI4a
Sources in Kuwait said Qatari response handed over to the Quartet states already. Official confirmation pending.
Tho new deadline ends 2nt, I guess we have 2wait until Wed. 4 official response as Quartet FMs hold important mtng in Cairo.
Qatar to increase gas production by 30 percent and will not shut gas pipeline to the UAE http://aje.io/4nut
"Qatar Petroleum will not be affected by the siege" Qatar to increase natural gas production by 30% http://aje.io/7cwn
Qatar says it will boost liquefied natural gas output by 30%, flouting the Saudi-led boycott https://bloom.bg/2sBuzTO
GCC & Muslim Brotherhood - one pot on this sensitive subject matter.
US Govt Seeks To Intervene In Apple's Appeal Vs EU Order To Pay Back Taxes To Ireland – RTRS Sources
#Italy | Italian court to hear $3 bln claim against Morgan Stanley - source - Reuters
French Market Regulator Sees Risk of `Sharp Market Correction' - 2017 Risk Outlook http://www.amf-france.org/en_US/Actualites/Communiques-de-presse/AMF/annee-2017?docId=workspace%3A%2F%2FSpacesStore%2F741a1bf2-4c74-459c-9e09-3a4481b18cbf&langSwitch=true …
Weighted avg maturity of German bonds purchased by ECB rebounds from record low
Italian interpretation of BRRD: Monte Paschi's Italian Rescue wins EU nod after months of talks. https://www.bloomberg.com/news/articles/2017-07-04/monte-paschi-s-italian-rescue-wins-eu-nod-after-months-of-talks …
Much slower pace of government bond purchases from the ECB in the latest week
Weighted Average Maturity Of ECB Holdings Total: 7.90 Years (Prev. 7.97 Years)
ICYMI: Sweden's Riksbank leaves repo rate unchanged at -0.5%
ECB Praet: ECB must be persistent with policy
ICYMI: BOE's McCafferty says changing policy would be "prudent"
ForexLive European morning news wrap: A roller coaster ride but USD demand prevailing
Why #Italy is the most important country in Europe now and what's at stake for #Germany. https://www.welt.de/finanzen/article166234783/In-Italien-entscheidet-sich-das-Schicksal-der-Euro-Zone.html?wtmc=socialmedia.twitter.shared.web … via @welt
I think you need to come a lot stronger with a show of force to get the attention of North Korea.....frankly , this is a show of weakness.
Spending my 4th in meetings all day. #ThanksNorthKorea
US Requests Closed-Door UN Security Council Meeting On N Korea Missile Launch
FWIW , Russia which tracked missile launch by North Korea , says not an ICBM launched today , rather an intermediate ballistic missile.
North Korea claims to have launched an ICBM earlier today.
MORE: North Korea ballistic missile "greatly exceeded" altitude of 2,500 km - Japan defense ministry
Hwasong-14. Should be this missile, unless we're wrong about the numbering system.
First images of Hwasong-14 ICBM in flight being released via KCTV now. #NorthKorea
Odds & Ends....
Astana Talks open....5th Round Underway...
#RAQA: In numbers: Pop of ~300k before IS. Numbers relatively stable over 3-year IS rein: many fled, but many also came *to* Raqa
Benghazi iconic lighthouse and Dawa Building damaged as LNA makes advances in fierce Sabri fighting - https://www.libyaherald.com/2017/07/03/benghazi-iconic-lighthouse-and-dawa-building-damaged-as-lna-makes-advances-in-fierce-sabri-fighting/ …
Oil crews battle fire near major producing field - https://www.libyaherald.com/2017/07/03/oil-crews-battle-fire-near-producing-field/ …
Misratans go to Cairo - https://www.libyaherald.com/2017/07/03/misratans-go-to-cairo/ …
German ambassador makes first trip to the east - https://www.libyaherald.com/2017/07/03/german-ambassador-makes-first-trip-to-the-east/ …
Sirte's mayor Madani gets a deputy as the town struggles back to normal - https://www.libyaherald.com/2017/07/03/sirtes-mayor-madani-gets-a-deputy-as-the-town-struggles-back-to-normal/ …