FROM Mike Margolis
Chinese Investment in L.A. Markets jumped out of a plane this morning. The Dow Jones Industrial Average dropped more than 1000 points before the parachute kicked in. The cause of this volatility? China. Or more accurately, an economic slowdown in China. And beyond the market histrionics, the Chinese slowdown could have a major effect here in Los Angeles, one of the most popular destinations for Chinese tourists and investors.
States allowed to strip federal funds from abortion clinics President Trump signed the law allowing states to block federal funding to family planning clinics that offer abortions. Critics say this could potentially devastate the health care network that low-income women rely on for birth control and other reproductive care.
What does the Paris terrorist attack mean for Europe? There was another terrorist attack in Paris Thursday. A police officer was killed, two other officers were wounded, and the shooter was killed. Officials are calling the attack terrorism. There have been more than a half dozen terrorist attacks in France over the past two years.
North Korea tests more missiles, Turkey's president gains more power Early Tuesday morning, North Korea tested another intercontinental ballistic missile. It blew up shortly after take-off. But North Korea keeps working on a nuclear missile that could reach the U.S. Also in Turkey, a close vote has given sweeping new powers to President Recep Tayyip Erdoğan. Turkey is an important Western ally in the region, but its leader is becoming increasingly authoritarian.