• JPMorgan's equity strategists have advised clients to be overweight small-cap companies that do much of their business in the US and aren't as exposed to global trade.
• This group of stocks is a "catch-all trade" for profiting from higher economic growth and inflation while guarding against the downside of a trade war, said Dubravko Lakos-Bujas, JPMorgan's head of US equity strategy, in a note on Tuesday.
• Year-to-date, the Russell 2000 small-cap index has gained nearly 10%.

The Dow Jones industrial average on Tuesday wiped its 2018 gains on trade-war jitters, but the same couldn't be said of the Russell 2000.

This difference between the two indexes — of major companies and small-cap stocks — shows that smaller companies are benefitting more from the biggest issues on investors' minds, including trade, regulation, and inflation. The Russell 2000 has outperformed both the Dow and the S&P 500 to gain nearly 10% this year.

Foreseeing this, JPMorgan's equity strategists advised clients late last year to tilt portfolios toward companies that do much of their business in the US. By being overweight small-caps, the bank said, investors were poised to benefit from favorable growth policies in the US and stronger growth. After the US announced its latest plan to escalate tariffs on Chinese goods, JPMorgan doubled down on its counsel.

"We continue to recommend small-caps as a 'catch-all trade' for its higher cyclical, reflation, and tax policy exposures, as well as lower sensitivity to ongoing risk," said Dubravko Lakos-Bujas, JPMorgan's head of US equity strategy, in a note on Tuesday.

"Importantly, domestic companies are more insulated from trade headlines and USD volatility."

Lakos-Bujas' recommendation for smaller domestic companies is pegged to the belief that stronger economic growth would benefit them more, even if it causes the inflation that some investors dread. Multinationals, he said, are exposed to negative economic revisions in the euro area and in emerging markets.

This year's tax cuts are another tailwind behind small-caps. Their effective tax rate fell to 22% from 32% in the first quarter, Lakos-Bujas said. That's almost double the benefit for large caps, where the effective rate is expected to fall to 21% from 27%, he said.

But small-cap companies don't have the all clear. From a technical standpoint, Lakos-Bujas said, the Russell 2000's outperformance over the S&P 500 is likely to slow down.

Also, sustained wage growth would hurt many of these smaller, labor-intensive companies, as would waning support for the Trump administration's economic agenda.

As it relates to trade, small-cap companies that import goods subject to tariffs could be hurt by rising costs, said Rich Sega, the global chief investment strategist at Conning, which has $122 billion in assets under management.

A trade war would also hurt companies that export products subject to Chinese import taxes.

"We'd rather not have it," Sega said. "But it's not enough to offset the very strong current and, I think, potential future benefits of tax reform, regulatory reform, and fiscal stimulus."

SEE ALSO: Morgan Stanley warns investors are in more danger of a market wreck than they realize and pinpoints one sector to stay safe

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NOW WATCH: Learning to celebrate failure at a young age led to this billionaire's success

• The digital ad community is divided into two camps: those who believe blockchain will revolutionize the industry and those who see the tech as overhyped and barely having an effect.
• Still, IBM and Mediaocean, a firm that supplies billing software to top ad agencies, have agreed to a deal to build a blockchain-contract system that launches this fall. Kellogg, Kimberly-Clark, and Unilever have signed on.
• At the same time there are major blockchain doubters: "People are trying to use it to solve problems its not suitable for," one insider said.
• And there's a school of thought that some ad constituencies are deliberately dragging their feet, hoping blockchain doesn't shine a light on their opaque business practices.

For some, blockchain is the advertising messiah, a savior that will fix all the digital ad world's messes.

For others, blockchain is, at worst, the latest version of ad tech snake oil, or, at best, the equivalent of using the Hubble telescope to look across the street.

Indeed, as the hype over blockchain technology's potential for the ad business reaches a crescendo (including more than half a dozen panels on the docket at Cannes), most insiders appear to fall into two camps: Some have an almost religious belief in blockchain's power to revolutionize everything, while others see it has having next to no application in adland.

There are other theories doing the rounds, including that it's become popular to bash blockchain because some would like it to go away. As the theory goes, some fear that blockchain's technology could expose loads of inefficiencies and opaqueness in digital advertising, which ad tech companies and ad agencies thrive on.

Another reason for foot dragging? Blockchain will take away marketers' excuses for not paying their agencies and media partners faster, a longstanding, bitter complaint in the business.

Hype or not, startups are launching, and brands are jumping on board the blockchain, even as doubters take their shots.

What's 'blockchain' again? And how can it help the ad business?

There are lots of great explainers that go into great detail on what blockchain is and how it works.

In a nutshell, the idea is that blockchain, as a digital database, could serve as an immutable ledger — digital records nobody can change. There are public blockchains (like the one where bitcoins are mined), private ones, and ones involving consortiums.

There are numerous theoretical ways that blockchain technology could help improve advertising, such as:

• Making contracts faster and smarter.
• Making payments faster.
• Unifying measurement so that every single ad campaign isn't tracked by five different data sources with five different sets of numbers, which is not uncommon.
• Exposing what all the different ad tech middlemen get paid in programmatic ad deals.
• Perhaps, eventually, blockchain could augment or replace a lot of digital advertising infrastructure. Ads could be bought or sold using blockchain technology automatically. Again, theoretically.

IBM and Mediaocean are announcing a big deal in Cannes that includes major advertisers

IBM has been a huge proponent of blockchain. This year it began running limited tests with Unilever designed at bringing more transparency to its ad buys.

Now, IBM is looking to taking things up several notches. It's announcing a deal with Mediaocean, which supplies the invoicing software and other tools to the majority of major ad agencies along with ad tech companies and publishers.

Starting this fall, Kellogg, Kimberly-Clark, and Unilever will start testing having their ad invoicing funneled through this private blockchain network. The hope is that they'll get much greater insight into where their ad budgets are going.

If that goes well, the plan is to expand this initiative beyond billing toward measurement and other digital ad pain points.

"With programmatic advertising, there are multiple players in the middle, and multiple data sources, and it's hard to know who is even in the middle," said Babs Rangaiah, executive partner, global marketing, IBM iX, and a former Unilever marketing executive. "It became more and more of a headache. This could potentially solve the issues."

There are lots of other blockchain startups peddling solutions

IBM is not alone. The startup Amino Payments is working with brands such as AT&T, T-Mobile, Bayer, and Nestlé on using blockchain technology to facilitate payments. Similarly, a venture called NYIAX has just raised $5.6 million in additional funding to build "the world’s first guaranteed advertising contract marketplace."

And a few weeks ago, the ad tech firm Mediamath and the venture firm MathCapital announced investment in Underscore CLT. "Digital marketing remains plagued by fundamental challenges," wrote Mediamath CEO Joe Zawadzki as part of the announcement.

Underscore CLT president Isaac Lidsky sees blockchain making digital ad buying more efficient, and even saving advertisers money by helping eliminate processing fees and transfers.

"I live in the camp that it is going to totally revolutionize our business," Lidsky said. "But it’s going to take some time."

Boy are there lots of blockchain naysayers

Marc Guldimann, CEO of the ad tech firm Parsec, is on a quest to call BS on blockchain and advertising. He's not against the technology per se; he just believes that it has very few worthwhile applications to the business beyond settling up payments. Moreover, he thinks lots of startups are peddling vaporware.

"Blockchain is really just a dumb, slow database," he said. "People are trying to use it to solve problems it's not suitable for. There all these qualities people ascribe to it."

One thing that irks Guldimann is this narrative that blockchain will clean up the murky ad tech supply chain by exposing who's adding value and who isn't, because he believes that people can put whatever information into blockchain tech, accurate or not.

"It doesn't make it more true if you write it to the blockchain," he said. "It's crazy. People have created entire companies around this. People are spending a lot of time with an absolute f---ing misunderstanding of what blockchain is."

Guldimann has even produced a Blockchain Decoder document for Cannes.

Guldimann is not alone. "Blockchain is not going to fix any problems," said one ad tech CEO.

A major argument against blockchain in the ad business is that programmatic involves billions of transactions. If you look at how slow and expensive it is to mine bitcoins, how can this help advertising?

Mike Laven, CEO of the payment company Currencycloud, works outside the ad industry. So he's got no horse in the race. As he explained it, "new business models revolutionize industries, not technology."

And blockchain is "not optimized for high transaction systems," he told Business Insider. "If there’s a business model where people make money from not being transparent, it won't change."

Ed Montes, president of solutions and chief revenue officer at the ad tech firm DataXu, said he could see blockchain helping clean up the often murky digital ad supply chain and exposing hidden fees. And it might help control the flow of data.

But is that a big enough business to motivate a market? "I think that the challenge is creating a model where you can make significant money," he said. "Who pays for this? What’s the business model?"

That's not stopping companies from co-opting the blockchain concept. One ad tech executive said he was growing so frustrated with blockchain startups getting meetings with top marketers that he thought about changing the name of one of his products to include the word "blockchain.""It's f---ing catnip for brands," he said.

Some ad companies may not want things to change

One ad industry veteran put it this way: Marketers may see a value in using blockchain. But do they really want tech that enables near instantaneous payments when they get away with not paying agencies and vendors for months?

And what about procurement officers, whose whole job (and maybe bonuses) depends on being able to extract better terms from partners? Does this make them less relevant?

Do ad tech companies that collect fees for opaque algorithms and mysterious black boxes want things to change Probably not.

"There have been a lot of ways for folks to hide in our supply chain," said Alanna Gombert, Global CRO at MetaX, a startup that's urging consumers to purchase digital tokens to evaluate whether sites should carry ads.

Plus, this industry is also known for moving slowly, despite its digital reputation. "It took us three years to get viewability right," said one publishing executive.

So unless the industry gets aligned, it will be hard to change.

It's becoming popular to pound on blockchain

"In any revolution there is resistance," Gombert said. When asked about people who say that blockchain has no real application in digital ads, she added: "They don’t know what they’re talking about; they don't know how it works."

Will Luttrell, CEO of Amino Payments, said he's almost gotten in fights with people on industry panels about blockchain's promise, or lack thereof.

"Its easy to pooh-pooh things when there is lot of garbage out there," he said. "And too many startups take the approach of, 'All you need to implement is change every single thing you do.' That's not going to work."

Carolina Abenante, founder of NYIAX, said her company is garnering serious interest from brands, though she couldn't say which just yet. When people cast doubt on blockchain's potential, she tells them: "Blockchain has been used by Nasdaq since 2015. Why are we the only industry not doing this?"

Still, some people think the blockchain discussion has been too focused on tactics and incremental change to existing systems. Former Washington Post executive Jarrod Dicker, now the CEO at the blockchain firm Po.et, said blockchain could provide the ad industry with an opportunity to fully reimagine how it operates.

He likened it to how The Washington Post in recent years started building and licensing its own ad tech, something that a newspaper firm would never have contemplated in the past.

"The conversations shouldn't be, 'How to do something we do today better?' It should be, 'How do change the way we think about things?'"

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NOW WATCH: This $530 Android phone is half the price of an iPhone X and just as good

In the US, June is Pride month. It's a time when cities show extra support for LGBTQ+ rights, culture, and communities through parades, drag shows, film festivals, talks, rallies, and more.

The tradition that goes back to the early 1970s, when New York and San Francisco began hosting events to commemorate the Stonewall Riots and work toward full equality for LGBTQ+ people.

The US is far from the only country to recognize pride. Queer people in nations around the world face their own unique challenges, and cities aim to highlight them through their Pride celebrations throughout the year.

Here's how 19 cities around the world have celebrated Pride in 2018 so far.

SEE ALSO: June is LGBT Pride Month — here's everything you need to know

Columbus, Indiana, began showing its Pride in April, a few months earlier than most of the nation.

The Pride festival occurred in downtown Columbus, the hometown of Vice President Mike Pence (an outspoken opponent of the LGBT community on many issues).

In New York City, each borough is holding its own Pride events and parades during June, except for Staten Island, which celebrates in May.

The parade in Queens, pictured above, featured plenty of glitter and rainbow iconography.

Mumbai's Pride parade in February stopped traffic.

• China's Hainan island has released plans to give tourists access to Facebook, YouTube, and Twitter in parts of two cities.
• A partial lifting of the county's "Great Firewall" is part of an attempt to make the southern island a free trade zone and tourist hub.
• It's unclear whether locals would be able to access the otherwise-blocked sites.
• The local government's plan is no longer available online.

China plans to lift part of its "Great Firewall" and give foreigners access to Facebook, YouTube, and Twitter on the holiday island of Hainan.

China wants to transform the island, which is the size of Belgium and has been dubbed the "Hawaii of the East," into an international free trade zone and a sprawling hub for foreign investment, gambling, tourism, and luxury by 2020. But like on the mainland, the internet is severely restricted in Hainan with access to most major Western sites blocked.

That's set to change, with the island's provincial government releasing a plan on its website saying access to Facebook, YouTube, and Twitter will be granted to foreigners. Tourists would be able to access these platforms in certain areas within two cities, Haikou and Sanya.

However, it's unclear whether locals would be able to use the sites.

The plan also reportedly said the island will advertise its tourism services with 2,000 minutes of promotional videos on broadcasters like BBC and CNN.

The plan was taken down from the local government's site within a day.

SEE ALSO: China's 'Great Firewall' is taller than ever under 'president-for-life' Xi Jinping

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• Jared Kushner slammed Palestinian leadership for its lack of commitment to peace in a rare interview with an Arabic-language Palestinian newspaper. 
• Kushner's interview is widely seen as an attempt to reach out directly to the Palestinian people at a time when tensions are high between the Trump administration and the Palestinian Authority. 
• Kushner has been in the Middle East promoting peace plans which the White House said could be released "soon."

Presidential adviser and son-in-law Jared Kushner slammed Palestinian leadership for its lack of commitment to peace in a rare interview with an Arabic-language Palestinian newspaper. 

During a tour of the region, Kushner spoke to Al Quds newspaper in what is seen as an attempt to reach out directly to the Palestinian people at a time when tensions are high between the Trump administration and the Palestinian Authority. 

"President Abbas says that he is committed to peace and I have no reason not to believe him," Kushner said in the interview published Sunday.

"However," he added, "I do question how much President Abbas has the ability to, or is willing to, lean into finishing a deal. He has his talking points which have not changed in the last 25 years. There has been no peace deal achieved in that time. To make a deal both sides will have to take a leap and meet somewhere between their stated positions. I am not sure President Abbas can do that."

Kushner has been in the Middle East promoting peace plans which the White House said could be released "soon." Kushner and his White House envoy met with leaders from Saudi Arabia, Egypt, Qatar, Jordan, and Israel but did not meet with the Palestinians, who suspended US ties after President Donald Trump recognized Jerusalem as Israel’s capital in December. 

The 37-year-old, who has been tasked with reaching a Middle East peace agreement, said he was willing to resume talks with Abbas, but that a deal "will be up to the leadership and the people of both sides to determine what is an acceptable compromise in exchange for significant gains." 

While the White House has given little detail about the peace plan, which is said to be nearly complete, it reportedly tries to address the humanitarian situation in Gaza as priority. 

In his interview, Kushner tried to appeal directly to the Palestinian people, saying: "You deserve to have a bright future." 

"Now is the time for both Israelis and Palestinians to strengthen and refocus their leadership, to encourage them to be open to a solution and not to fear the attempt. Over the years, you, the Palestinian people, have paid the price.  Show your leadership that you support efforts to achieve peace, let them know your priorities and give them the courage to maintain an open mind towards achieving them."

Palestine's top peace negotiator Saeb Erekat  cast doubt on the peace process on Saturday and claimed that Kushner's Middle East tour is an attempt to overthrow the Palestinian leadership.

SEE ALSO: 120 countries voted to condemn Israel for using 'excessive' force in Gaza clashes that killed over 100 people

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NOW WATCH: This top economist has a radical plan to change the way Americans vote

• A 15-year-old migrant boy reportedly left a Brownsville, Texas, children's shelter and is missing.
• The Casa Padre shelter has attracted nationwide attention under the Trump administration's border crackdown, and houses nearly 1,500 boys.
• The shelter's spokesman said that staff cannot legally force children to stay.
• The missing 15-year-old boy reportedly arrived in the US unaccompanied and was not separated from his parents by immigration authorities.

A 15-year-old boy has reportedly gone missing after leaving a children's shelter for migrants in Brownsville, Texas.

He walked away from the shelter on Saturday afternoon, prompting officials at the Casa Padre shelter to call authorities, a spokesman for the shelter told media.

The shelter, run by the nonprofit Southwest Key Programs, has received nationwide attention under the Trump administration's recently halted practice of separating families that crossed the US-Mexico border illegally.

Casa Padre is the largest migrant children's shelter in the country, and houses nearly 1,500 boys who either arrived in the US unaccompanied or were separated from their parents at the US-Mexico border under the "zero tolerance" policy.

Southwest Key spokesman Jeff Eller told The New York Times that it couldn't legally force children to stay in the facility if they sought to leave — and children have left the 27 shelters Southwest Key runs "from time to time."

"We are not a detention center," Eller said in a statement. "We talk to them and try to get them to stay. If they leave the property, we call law enforcement."

Government photos of the shelter, which is a former Walmart, went viral last weekend after a handful of reporters were allowed to tour the facility. The media described dismal conditions including cramped sleeping quarters and barcodes children must wear on their wrists to be scanned during mealtimes.

Migrant children in the shelters are in the custody of the Health and Human Services Department, generally until they're placed with adult relatives already living in the US.

HHS did not immediately respond to Business Insider's request for comment.

The boy had been unaccompanied when he arrived in the US and was not separated from his family by immigration authorities, one source familiar with the situation told CNN.

Authorities had been in touch with a man in Dallas who claimed to be the boy's father, the source said, but when they discovered the man may not actually have been the boy's biological father and were attempting to determine his relationship to the boy, the teenager left the facility.

The man claiming to be the father told authorities that he received a phone call Sunday afternoon from the boy, who said he had crossed the Rio Grande river and was in Mexico and attempting to travel back to Honduras.

"I can tell you he's alive," the source told CNN.

SEE ALSO: Sobering photos show a Texas detention center where hundreds of immigrant children wait to be reunited with their families

DON'T MISS: I visited a Texas courtroom where dozens of chained immigrants were prosecuted under Trump's 'zero tolerance' policy — and it was surreal

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• Japan's airlines recently bowed to political pressure from China to change how they describe Taiwan.
• But Japan Airlines and ANA only changed the descriptions on their Chinese-language sites, not their sites in Japanese, English, or other languages.
• This split approach could provide a roadmap for other foreign companies struggling to deal the threat of being blocked from the Chinese market for references to Taiwan.

Japan's major airlines bowed to political pressure from China earlier this month, but how they did so could provide a roadmap for other foreign companies.

Earlier this year Beijing began demanding that airlines stop listing self-ruled Taiwan as a country, and instead describe it as a province of China, which frequently tries to assert its claim to the island on the global stage. The incident involved letters sent to 44 foreign airlines. Governments got involved, and the White House even released a statement slamming the demand as "Orwellian nonsense."

Despite the pushback, Japan Airlines and ANA on June 12 joined the likes of Qantas, Air France, Air Canada, British Airways, Singapore Airlines, and  Malaysia Airlines in describing Taiwan as a Chinese province.

But unlike other carriers, Japan's airlines have only introduced the "Taiwan, China" descriptor on their Chinese-language sites. Sites in Japanese, English, and other languages refer to Taiwan as its own country.

“We chose a description that is easy to understand and acceptable for users of our websites,” a JAL spokesperson told Japan Times. An ANA spokesperson said they wanted to make their site "easy to understand and acceptable for customers when they use our websites."

Although Taiwan's foreign ministry said it was "very dissatisfied" with the decision, and made a complaint to the airlines, using different terminology for Chinese-language sites could be a working compromise allowing foreign companies to appease China and but not appear completely beholden.

It could also be a particularly useful approach as companies increasingly face the prospect of being punished or even locked out of the Chinese market for not obeying Beijing's demands. Australian Financial Review reported Monday that companies that "offend" China by calling Taiwan a country may not be invited to an import expo in Shanghai in November.

Already this year, Gap, Zara, and Marriott have all adjusted how they refer to Taiwan, with the hotel chain even being forced to shut down their website for a week as punishment.

China's Civil Aviation Administration gave US airlines a mid-year deadline to make changes to Taiwan's description on their websites. The White House is reportedly urging US airlines to not give in to China's demands.

SEE ALSO: China wants to dictate how foreign airlines refer to Taiwan and the US is having none of it — this is how every major airline is responding

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NOW WATCH: Why the North Korea summit mattered even if it was 'mostly a photo op'

• Migrant children are being forced to recite the Pledge of Allegiance in shelters after authorities separated them from their parents.
• The children are forced to recite the pledge in English every morning "out of respect."
• This is occurring at Casa Padre, the country's largest shelter for migrant children, which gained attention for its cramped sleeping quarters and dehumanizing practices.

Migrant children who have been separated from their families are being forced to recite America's Pledge of Allegiance every morning, according to a Washington Post report.

The Casa Padre facility in Brownsville, Texas, is the largest migrant children's shelter in the country, housing nearly 1,5000 boys. Some arrived as unaccompanied minors while others were separated from family members under the Trump administration's "zero tolerance" policy. 

Every morning in a building that was once a Walmart, the children are required to stand and recite the Pledge of Allegiance to a country where they are being kept in an institution. They are required to recite the sentences in English, despite the fact that many of the children are unlikely to be able to understand the words.

"We tell them, ‘It’s out of respect,’" one employee, who asked for anonymity out of fear of losing her job, told The Post.

The Casa Padre shelter, run by Southwest Key, gained nationwide attention over the last few weeks. Government-issued photographs showed cramped sleeping quarters, murals of President Donald Trump, and children wearing barcodes that are scanned during mealtimes.

The children are only allowed to have two hours outside each day. On Saturday, a teenage boy ran away from the facility.

SEE ALSO: http://www.businessinsider.com/migrant-children-forcibly-drugged-abused-in-us-government-detention-2018-6

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NOW WATCH: Why the North Korea summit mattered even if it was 'mostly a photo op'

• Theresa May, this week, has asked the British secretary of defence to justify the UK’s position as a "tier one" military power.
• The statement is a realisation that the UK can no longer economically compete with top countries, military experts told Business Insider.
• Dr Jan Honig, a senior lecturer in war studies at King's College London said it is "highly ironic" that Brexit could mean the UK can longer fund its defence.
• Julian Lewis, Chair of the UK’s defence committee told BI he is now "concerned about whether Theresa May will be able to give defence the money it needs."

Theresa May this week asked Britain's defence secretary to justify the UK’s role as a "tier one" military power, causing dismay in the Ministry of Defence. Underlying the statement is a realisation that the UK can no longer economically compete with top powers, defence experts told Business Insider.

"It’s a reflection of our economic status - times are tough," said Tim Ripley, a defence analyst, adding: "It’s all about money... if you don’t have money you can’t spend it."

The Prime Minister questioned defence secretary Gavin Williamson on whether money for the military should be reallocated to areas like cyber, and if Britain needed to maintain a Navy, Army, Air Force and nuclear deterrent all at once.

Ripley called it a retreat from "grand ambitions."

"No matter how we dress it up, this new fangled cyber stuff is just an excuse for running away from funding hard power," Ripley said. "If you don’t pony up the money and the hard power you don’t get a seat at the top table. No matter how flash your cyber warfare is, people take notice of ships, tanks and planes." 

There is a strong correlation between military power and economic status. The major powers including the US, China and Russia all demonstrate their strength through military posturing, and countries that don’t have enough resources for defence often pool with others.

Dr Jan Honig, a senior lecturer in war studies at King's College London, said that shared defence can be disrupted in times of nationalism, and called it "highly ironic" that Brexit could mean the UK can longer fund its military.

"You can’t really do it by yourself even if you spent a lot more on defence which is not going to happen in this country with this measly economic growth and the uncertainty about international trade details," he said.

The Prime Minister’s comments, which were first reported by the Financial Times, come in the context of her recent pledge of a fresh £20 billion for the National Health Service (NHS) and debate about where the money will come from.

Governments need to ensure that their policies have support from the people, and pouring money into the military is harder to sell then spending on the NHS and social welfare which are immediate issues, said Honig, adding that populations are now also more switched on to the horrors of war.

But Julian Lewis, Chair of the UK’s defence committee told Business Insider that he’s now concerned about whether May will be able to properly fund the military after the NHS pledge.

"I am not won over … by this jargon of calling it a 'tier one' military power… What I’m much more concerned about is whether Theresa May will be able to give defence the money it needs," he said, citing a "whole" of over £4.9 billion in the defence budget.

May’s comments will not lead to definitive action to pair down the military, but are a clear sign of the direction of travel said Ripley.

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NOW WATCH: Learning to celebrate failure at a young age led to this billionaire's success

• Migrant children are being forced to undergo prison-like headcounts at some shelters.
• At the country's largest shelter for migrant children, Casa Padre, the count can last for hours.
• In prison, inmates are usually required to stay in their cells or by the doorway for the duration of the count.
• But the count seems pointless after child walked away on Saturday, and a spokesman for the shelter said staff can't force children to stay.

So many migrant children being held at one shelter that headcounts are taking hours to conduct, Washington Post reported Sunday.

Nearly 1,500 boys, aged from 10 to 17 — some arrived in the US as unaccompanied minors, others were separated from their parents under the Trump administration's "zero tolerance" policy — currently reside at Casa Padre shelter in Brownville, Texas.

The 250,000-square-foot facility, run by Southwest Key, is the largest migrant children's shelter in the country and has had to repeatedly increase its capacity.

But that is providing certain logistical challenges for staff who are unable to efficiently account for all the children in their care.

With wings, named after US presidents, spreading across the entire facility, staff can spend hours conducting prison-style headcounts, according to The Post.

The paper did not elaborate on the process but prison headcounts usually involve prisoners standing inside or out the front of their cells during a count. At Casa Padre it's likely that the nearly 1,500 migrant children need to all remain in their 313 door-less rooms for the hours-long count.

The purpose of the count is to ensure the correct number of children are at the facility and that they're in the correct location within the building. According to The Post, one child thought to be missing last week was actually just in the Truman rather than the Reagan wing.

But on Saturday a teenage boy ran away from the facility. 

Though the children are only allowed outside for two hours a day, Southwest Key spokesman Jeff Eller told The New York Times that it couldn't legally force children to stay if they tried to leave.

"We are not a detention center," Eller said in a statement. "We talk to them and try to get them to stay. If they leave the property, we call law enforcement."

It's not known whether a headcount alerted staff to the boy's disappearance.

SEE ALSO: Children are being forced to recite the Pledge of Allegiance to a country that separated them from their parents

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NOW WATCH: Why the North Korea summit mattered even if it was 'mostly a photo op'

• New grassroots Labour movement calls on Jeremy Corbyn to back a second referendum on Brexit.
• Labour For A People's Vote, unveiled on Monday, wants the Labour leadership to block Theresa May's Brexit deal and support a referendum on staying in the European Union.
• The group is supported by 62 local Labour parties and left-wing figures like John McDonnell's advisor.
• Corbyn is trying to juggle the party's pro-Remain membership and Labour-held constituencies which voted Leave.

LONDON — Jeremy Corbyn is coming under increasing pressure to back a second referendum after a grassroots campaign led by Labour members calling for the party to oppose Brexit was unveiled on Monday.

The group, called Labour For A People's Vote, claims to have the support of 62 local Labour parties and thousands of party members across the country. It will be launched in Sheffield, Yorkshire next week.

It calls on the Labour leadership to block Theresa May's Brexit deal if it fails to meet the party's six "tests" and then campaign for a referendum on whether Britain should U-turn and stay in the European Union.

The 62 local parties who support of Labour For A People's Vote are all set to put forward a motion urging Corbyn to "to oppose Tory Brexit and win a radical Labour government" ahead of the party's annual conference in September.

This follows the launch of a petition by Alena Ivanova, member of pro-Corbyn group Momentum, which asks Momentum members whether there should be a vote on a second referendum at Labour conference later this year.

Labour's current Brexit policy is to stay in a customs union with the EU and negotiate a close single market relationship with the bloc after Britain has left. However, it does not support a second referendum.

The vast majority of Labour members back a referendum on the terms of the final deal but the party leadership is wary of upsetting Labour-held constituencies which voted Leave in the 2016 referendum.

Mike Buckley, the Labour Party campaigner who set up Labour For A People's Vote, said: "Whether people voted Leave or Remain in 2016 they all voted for what they thought was a better future for them and their families.

"But the Tories’ Brexit deal will cost jobs, close businesses, and put at risk our NHS, workers’ rights and global alliances."

He added: "The people deserve a chance to give their verdict on the Tories’ failed negotiation - only Labour can make that happen."

The new group is backed by various left-wing figures including Ann Pettifor, an advisor to Shadow Chancellor John McDonnell.

One of the group's supporters is Michael Chessum, an activist who worked on Corbyn's second Labour leadership campaign. He said: "We are setting up this campaign as socialists and as left-wing activists in the Labour Party. We have no interest in undermining the current leadership — quite the opposite.

"Tory Brexit would be a disaster for the prospects of a radical Labour government — it would deregulate and shrink the economy and attack working class people and migrants. We cannot ignore that any longer - and many people who are not die-hard Remainers will be reaching the same conclusion."

On Saturday, an estimated 100,000 people marched through central London, calling for a "People's Vote"— a nationwide referendum on the terms of any Brexit deal May brings back to Westminster later this year.

Some demonstrators chanted "where's Jeremy Corbyn?" amid the belief among some anti-Brexit campaigners that the Labour leader is not doing enough to oppose the Conservative government's handling of Brexit.

SEE ALSO: The Brexit vote has already wiped £440 million a week from Britain's economy

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• Uber has investigated 2,500 drivers in London over allegations including sexual assault, stalking, and dangerous driving, according to The Sunday Times.
• The revelation came in a memo that will form part of court proceedings this week as Uber attempts to appeal the loss of its operator's licence in Britain's capital.
• The memo also revealed that Uber used Skype to carry out medical and eye tests on at least 800 potential drivers.

Uber has investigated 2,500 drivers in London over allegations of wrongdoing, including sexual assault, stalking, and dangerous driving, according to a memo seen by The Sunday Times.

The document forms part of court proceedings this week as Uber attempts to appeal the loss of its operator's licence in Britain's capital.

Tom Elvidge, Uber’s UK general manager, wrote a letter to London's transport regulator, TfL, on May 25 outlining the investigations into alleged wrongdoing.

According to The Sunday Times, he said 1,148 licensed drivers had been accused of "category A" offences, such as sexual assault. A further 1,402 drivers were probed over other allegations, including discriminatory comments and "inappropriate interpersonal conduct" towards passengers.

Uber has banned 451 London drivers and reported 58 crimes to the police, The Sunday Times said. It also revealed that Uber used Skype to carry out medical and eye tests on at least 800 potential drivers.

The disclosures are a sign that Uber is having to become more transparent about accusations made against its drivers. Among the reasons its licence was revoked last year was because TfL worried about the company's record on passenger safety, the way it vetted drivers, and its alleged history of using software to evade US regulators.

Representatives for Uber will appear at Westminster Magistrates' Court in London on Monday to appeal the loss of its operator's licence in the capital. TfL revoked the licence last September.

The hearing is expected to continue for three days, and we won't necessarily know whether Uber has won its licence back at the end of the process. The appeal could go to a higher court.

Business Insider understands that the court isn't going to make a decision on whether TfL made the right call in September. Instead, it will decide on whether Uber is now "fit and proper" to hold a licence.

SEE ALSO: Uber begins the fight to keep its London licence on Monday, and it's a battle that could define the whole company

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• The US is planning a new assault on China as the trade war between the two countries heats up.
• New proposals would essentially block firms with 25% or more Chinese ownership from buying US companies involved in an "industrially significant technology."
• The plans, first reported by the Wall Street Journal, come at a time of escalating trade conflict between the USA and China.

A new measure set to be implemented by the US Treasury Department could further deepen the growing gulf between the US and China when it comes to their trade relationship.

According to a Wall Street Journal report on Sunday, the Treasury is planning to introduce new curbs on the Chinese ownership of US technology firms, which would effectively amount to a ban on Chinese firms buying up American ones.

If implemented, the new proposals would essentially block firms with 25% or more Chinese ownership from buying US companies involved in what the Journal says is described as "industrially significant technology."The ultimate cutoff point for ownership has not been decided, and could be higher or lower, it is reported.

"The President has made clear his desire to protect American technology," Commerce Secretary Wilbur Ross said in a statement to the Journal on Sunday. "All possibilities that would better protect American technology, including potential changes to export controls, are under review."

The new curbs, which are designed to protect US intellectual property — something Donald Trump's trade adviser Peter Navarro described last week as the country's "crown jewels of technology"— would likely be brought about under an act called the International Emergency Economic Powers Act of 1977. Known as IEEPA for short, the act gives the president extraordinary powers in times of "unusual and extraordinary threat" to the US economy.

The proposed new curbs on Chinese ownership come at a time when the US and China are already involved in an escalating conflict over trade, following the Trump administration's levying of tariffs on hundreds of billions of dollars worth of goods.

China announced tariffs on $50 billion worth of imports from the US last week in response to Trump's tariffs on Chinese imports, which were announced earlier this month. 

Trump has also threatened to place tariffs on the European automotive sector, which would mark another major move in the developing global trade conflict.

Trump in May had directed the Commerce Department to launch an investigation into imported autos, similar to the procedure that led to the recent tariffs on steel and aluminium imports. While the results of that investigation are still weeks away, Trump raised the spectre of tariffs on Twitter.

"Based on the Tariffs and Trade Barriers long placed on the US and it great companies and workers by the European Union, if these Tariffs and Barriers are not soon broken down and removed, we will be placing a 20% Tariff on all of their cars coming into the US," Trump tweeted last Friday. "Build them here!"

You can read the Wall Street Journal's full story on the proposed new rules here.

SEE ALSO: Trump threatens to slam a massive tariff on European cars, which could cause economic chaos

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• An unreleased feature on the Facebook app called "Your Time on Facebook" will allow you to keep track of how much time you're spending on the site, TechCrunch reports.
• The feature, spotted by engineer Jane Manchun Wong, tracks how much time you've spent on the app over the past seven days, and shows your average daily usage.
• The time-management feature is the latest sign that big tech companies are trying to promote healthier interactions with our devices and social media.

Facebook is developing a feature titled "Your Time on Facebook," which could track how much time you spend on its app each day.

The unreleased feature was first spotted by engineer Jane Manchun Wong who found it buried in code on Facebook's Android app. Wong has a history of surfacing these nuggets.

"Your Time on Facebook" shows how much time you've spent on the app each day for the past seven days, plus the average daily amount of time spent. It also lets you set a daily time-limit and will notify you once you've hit it, and allows you to change your notification settings.

Facebook confirmed the feature is in development to TechCrunch, and a spokesperson said: "We’re always working on new ways to help make sure people’s time on Facebook is time well spent." Facebook did not confirm, however, when the feature would be rolled out.

"Your Time on Facebook" is in keeping with a recent trend at big tech companies like Apple and Google, who offering features to help people manage the amount of time they spend on their devices.

In January, CEO Mark Zuckerberg announced that changes to the platform, including shifting the emphasis away from news, had resulted in users spending 50 million fewer hours on Facebook. He also laid emphasis on making sure that people make "meaningful connections" on Facebook, rather than promoting addictive use of the platform.

Business Insider has reached out to Facebook for comment.

SEE ALSO: A new feature in the next iPhone software is going to shock people — it surprised even Apple's CEO

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• Since leaving office, Barack Obama has rarely spoken in public about Donald Trump. 
• That isn't to say he doesn't want to — one of Trump's more divisive moments moments last year reportedly made Obama furious with him.
• A new report says Obama believed Trump's 2017 Boy Scout Jamboree speech would directly harm vulnerable young boys.
• But, staying true to form, he remained quiet, and did not issue a public statement.
• Obama stirred to action by Trump's "zero-tolerance" immigration policy, though he didn't mention him by name when criticising it.
• To an extent Obama is bound by convention, whereby former presidents do not frequently pass comment on those who follow them.

In his post-presidency life, Barack Obama has rarely spoken out about his boisterous successor. 

However, one of President Trump's most divisive moments last year reportedly prompted an angry response from the usually reserved former president.

According to New York Magazine, Obama had read about Trump's speech at the 2017 Boy Scout Jamboree in West Virginia, where he took the time not to praise young scouts, but rather to praise himself.

"Who the hell wants to talk about politics when I’m in front of the Boy Scouts?" Trump sarcastically asked the crowd of young boys and their families, before spending the next 40 minutes bashing the Obama administration and bragging about his election win.

Days later, the Boy Scout's leader would issue an apology for Trump's bizarre behavior after parents criticized the speech and the organization.

The spectacle is said to have irked Obama. Obama reportedly told friends that young children are the most impressionable age group, and likened them to "sponges." He criticised Trump's divisive rhetoric, which he said they would be quick to absorb. 

Still, staying true to form, he remained quiet, and did not issue a public statement. Those who know Obama told New York Magazine that Obama rarely mentions Trump at all in private conversations and often avoids conversations that veer towards Trump's policy.

On Obama's absence from the political stage, former campaign manager and informal adviser Jim Messina told New York Magazine: "The important thing to think about with Obama in the context of politics is what his overall goals are," which include respecting the peaceful transfer of power and engaging with young leaders. 

"He could pick a fight with Donald Trump every day, and A) the only winner would be Donald Trump, and B) we would kind of get into this back-and-forth the Clintons have gotten themselves into: Is there too much Obama? Not enough Obama?" he added.

The 44th president recently made a public statement in the wake of Trump's "zero-tolerance" immigration policy which has seen thousands of children separated from their parents at the US border.

On World Refugee, Obama posted a powerful political statement on Facebook, finally taking aim at the Trump administration without even mentioning Trump by name. 

"If you've been fortunate enough to have been born in America, imagine for a moment if circumstance had placed you somewhere else. Imagine if you'd been born in a country where you grew up fearing for your life, and eventually the lives of your children," he began.

"That's the reality for so many of the families whose plights we see and heart-rending cries we hear. And to watch those families broken apart in real time puts to us a very simple question: are we a nation that accepts the cruelty of ripping children from their parents’ arms, or are we a nation that values families, and works to keep them together? Do we look away, or do we choose to see something of ourselves and our children?"

"That’s the legacy our parents and grandparents and generations before created for us, and it’s something we have to protect for the generations to come. But we have to do more than say 'this isn’t who we are.' We have to prove it – through our policies, our laws, our actions, and our votes," he wrote. 

SEE ALSO: Boy Scouts forced to respond to Trump's wild, heavily political speech before tens of thousands of Scouts

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• The final episode of Anthony Bourdain's "Parts Unknown" aired Sunday night.
• In the episode, Bourdain explores the Buddhist Kingdom of Bhutan.
• Discussing Buddhist beliefs, the late chef says: "It is considered therapeutic to think about death a few times a day."

The final episode of Anthony Bourdain's "Parts Unknown" has aired on CNN, just over two weeks after the death of its host.

In it, Bourdain explores the Kingdom of Bhutan with his friend Darron Aronofsky. Known for its Buddhist faith and dramatic scenery, Bourdain spends some time musing on the country's concept of death.

"It is considered therapeutic to think about death a few times a day,"Bourdain says.

When a man responds: "You are reminded time and again not to take things too seriously," Bourdain affirms: "Life is but a dream."

The episode, which aired on Sunday, follows Bourdain and Aronofsky as they eat with traditional yak herders in the Himalayas and dine in the nation's capital of Thimpu.

"Bhutan was where I really got to know Tony," Aronofsky, who directed the film "Black Swan," said in an article for CNN.

"There, I became aware of his utter lack of vanity. He never adjusted his hair or gave a damn about makeup or a lighting setup."

The director touched on the prescient nature of their trip, which often involved discussions around death: "It seems ironic now that on our last day of shooting we performed a Bhutanese death ritual.

"We debated the fate of the country, the fate of the world. He was perplexed as to how mankind's endless hunger to consume could be curtailed."

Just before the show aired, CNN anchor Don Lemon also paid tribute to the late chef: "Anthony Bourdain was our window to the far-flung places of our planet, but he had a way of making what was so foreign seem so familiar by the time he was done weaving his words around the story."

Bourdain was in France working on Season 12 of "Parts Unknown" when he was discovered dead by suicide. It is unclear whether CNN will air any episodes from Season 12.

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• President Donald Trump's administration officials are facing increasingly personal blowback for its wildly unpopular policies.
• It is part of a growing feud that has raised the spectre of political violence in the US.
• Trump administration officials have been increasingly harassed and kicked out of restaurants.
• A Congresswoman called on her supporters to mob and harass Trump administration officials anywhere they go.
• Republicans, still reeling from being attacked by a gunman at a congressional baseball practice, denounced it as a call to hostility.

President Donald Trump's administration officials are facing increasingly personal blowback for its wildly unpopular policies in a growing feud that has raised the spectre of political violence in the US.

Press Secretary Sarah Sanders, the public face of the Trump administration, was kicked out of a Lexington, Virginia restaurant this weekend as one of the co-owners of the establishment told her she was part of an "inhumane and unethical" organization.

Before that, Homeland Security Secretary Kirstjen Nielsen was shouted out of a Mexican restaurant in DC. Trump adviser Stephen Miller, thought of as a core advocate of Trump's hardline immigration policies, was called a fascist to his face at another restaurant in DC.

While some establishment DC figures, including the Washington Post's editorial board, called for civility towards the Trump administration, others fanned the flames.

Maxine Waters, a controversial California Democratic Congresswoman who has sparred with Trump before, called on her supporters to push even harder.

"You have members of your cabinet who have been booed out of restaurants, with protesters taking up at their house saying 'no peace, no sleep,'"Waters said on Sunday. "We have God on our side."

"If you see anybody from that Cabinet in a restaurant, in a department store, at a gasoline station, you get out and you create a crowd and you push back on them, and you tell them they’re not welcome anymore, anywhere."

Senior Republican figures quickly seized on the message as an incitement of hostility.

"This is a very bad, dangerous idea. Debate and even disagreement is critical to the American experiment. But when we stop seeing the humanity in the other side, we all lose," Utah Republican Senator Orrin Hatch tweeted about Waters.

"Don’t ever again give me any of the 'when they go low, we go high' lip service," Meghan McCain, daughter of John McCain and a relative of a Trump official tweeted, referring to a slogan used by Michelle Obama and Hillary Clinton in the 2016 election. 

Some in the US and around the world seek to personally punish Trump and his administration. Since Trump took office an anti-Trump movement has put together a list of goods to boycott.

Some have suggested countries retaliate to Trump's tariffs with tariffs against his own personal business.

Former CNN contributor Kathy Griffin sparked outrage last year when she showed images of herself holding Trump's decapitated head. 

In DC, young Trump staffers report difficulty in dating because their politics are unpopular in one of the most Democratic cities in the US. 

But hostility has led to violence in recent history. Louisiana Republican Senator Steve Scalise, who became a victim of political violence when a gunman shot him at a baseball practice session for Republicans in Congress, again urged civility.

"Civility and respect always prevails over harassment and disrespect,"Scalise said of Waters' call to harassment. 

SEE ALSO: Scalise back for congressional game a year after shooting

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• The Turkish lira climbed 3% against the dollar on Monday but has now stabalised, following the re-election of Recep Tayyip Erdogan as President of Turkey, arresting its sharp decline in recent months.
• Erdogan won Sunday’s elections with a 52.5% majority, as reported the state-run Anadolu Agency.
• Some commentators expect increased investor confidence to wear off, as focus turns to long term concerns Turkish economics and politics.
• The elections were conducted amidst human rights abuses and what Amnesty International called "a climate of fear." The victory for Erdogan follows a crackdown on opposition in Turkey since 2016 which has seen academics, students, politicians and others jailed. 

The Turkish lira climbed on Monday following news of another election victory for Turkish President Recep Tayyip Erdogan and a parliamentary majority for an alliance led by his party.

The currency rose 3% against the dollar and the euro, to its highest level in two weeks after the results were confirmed. It has since stabilized.

The chart below shows the downward move of the euro as the lira rose:

Erdogan secured 52.5% of the votes according to the state-run Anadolu Agency, with only 2% of ballots left to be counted, amounting to a strong enough majority to avoid run-off elections.

The elections were conducted amidst human rights abuses and what Amnesty International called "a climate of fear." Erdogan's hold on power follows a crackdown against the opposition in Turkey which has seen acedmeics, students, politcians and others dissidents jailed. 

One of the presidential candidates, Selahattin Demirtaş, ran his campaign from prison in Edirne, where he has been detained under charges of terrorism.

But commentators said the assurance of political stability that Erdogan and his majority maintain has at least temporarily attracted investors back to the market.

But the lira is still down 16% against the dollar this year following what has been called a spreading EM debt contagion, and concern remains over long term issues with the country and its currency, which investors may again focus on after the election passes.

"In the past, Turkish assets have responded positively to political events that were perceived as increasing political stability," analysts at Goldman Sachs said in a note before the election.

"However, President Erdogan’s comments on monetary policy during the election campaign—advocating lower interest rates and indicating that he would play a more active role in monetary policy—have raised concerns over the future direction of monetary policy in the event of this outcome," Goldman added.

Erdogan has previously described high interest rates as "the mother and father of all evils." Investors have expressed concern over the views and a leaning to other unorthodox monetary policies.

The Turkish currency has lost nearly 75% of its value against the dollar in the last ten years.

"The recent financial market turmoil means that a sharp slowdown is [in] the cards," Jason Tuvey, senior emerging markets economist at Capital Economics said in a note to clients.

"The risks stemming from the election are more likely to materialize over the longer term—in particular, the risk that an Erdogan-AKP government pursues much looser fiscal and monetary policy."

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• The Duke of Cambridge visited Jordan as part of a five-day tour of the Middle East.
• He was greeted by 23-year-old Crown Prince Al Hussein Bin Abdullah II.
• After a busy day of engagements, which meant they were unable to watch the England vs. Panama World Cup game live, the pair caught up on the football on Sunday evening.

The Duke of Cambridge visited Jordan at the weekend. 

He was greeted by 23-year-old Crown Prince Al Hussein Bin Abdullah II upon landing in Amman, Jordan. It's part of a five-day tour of the Middle East, which will also see him visit Israel and the Occupied Palestinian Territories, according to Kensington Palace.

The palace wrote in a tweet that Prince William was "looking forward to building a real and enduring relationship with the people of the region."

Here's the moment he was met by Crown Prince Al Hussein Bin Abdullah II.

The pair went on to visit initiatives at the King Hussein Business Park.

Later there was an evening drinks reception to celebrate Her Majesty the Queen's birthday.

The day of engagements meant they were unable to watch the England vs. Panama World Cup game live, so the princes caught up on the match later that evening back at the palace. 

The room they watched it in looks like it could be a snug. There's a huge TV along one wall, a giant leather hand chair, and a large corner sofa with an industrial style lamp overhead. 

A palace tweet read: "Prince William couldn't watch the @England match live and avoided finding out the score all afternoon. He sat down with the Crown Prince of Jordan to watch a rerun after dinner at the Beit Al Urdun Palace."

The crown prince of Jordan also shared a snap of himself and the duke with his 1.4 million Instagram followers.

He wrote: "Having a relaxing evening with His Royal Highness Prince William, Duke of Cambridge, after his first day in #OurJordan."

The princes have also visited Jerash archaeological site, a first century Roman city.

William posed for a photo at the same site that Kate Middleton visited with her sister and father aged 4, when the family lived in Jordan, according to a palace tweet. 

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• Mayoral candidate Fernando Angeles Juarez, 64,  was shot dead on Thursday.
• Twenty-eight police officers in the town of Ocampo — the entire department — were arrested on suspicion of involvement in the murder.
• The candidate was the third politician to be killed in the Mexican state of Michoacan in eight days.

The entire police force of a Mexican town has been arrested on suspicion of involvement in the murder of a local mayoral candidate.

Fernando Angeles Juarez, 64,  was shot dead on Thursday. He was running as the candidate for the centre-left Party of the Democratic Revolution in Ocampo, Michoacan, which has a population of 24,000.

All 28 police officers from the town were arrested after the killing, a state source familiar with the investigation told the Reuters news agency .

A statement from state authorities on Sunday said that the officers were being questioned by police internal affairs official. The statement did got give further details beyond stating that the investigation was focusing on violations of the police's code of conduct.

Silvano Aureoles, the governor of the state, instructed the attorney general to begin investigating the death, he tweeted on June 21.

The arrested officers will appear before the Internal and Legal Affairs Commission of the Deputy Office of Public Security, according to Mexican newspaper El Universal.

Angeles Juarez was the third politician to be killed in the state in eight days. 

His party, el Partido de la Revolución Democrática, condemned the violence in Mexico in a statement, calling for the end of murders and for people to be able to vote safety in the country's elections.

More than 100 politicians have been killed across the country in the lead up to general elections on July 1, when Mexico will vote for a new president as well as hundreds of other federal and state positions.

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NOW WATCH: Trump pitched peace to Kim Jong Un with this Hollywood-style video starring Kim as the leading man