Monday, July 16, 2018

How Weak Is China?

The Real Story Behind the Economic Indicators. China's economy is slowing. But is it still growing? China says yes, with an official growth rate of 6.9 percent in 2015 and a target of at least 6.5 percent for 2016. A CNN poll of industry economists yielded a consensus of 6.5...

Career Racist Jeff Sessions Is Donald Trump’s Pick For Attorney General

If anyone had doubts that Trump's presidency would return white supremacy to power, Friday’s announcement that the president-elect has tapped Alabama Sen. Jefferson Beauregard Sessions III (named after a Confederate general) to head the Department of Justice should settle the question. There is no other way to describe Jeff Sessions but as...

China seeking to link Iran to its New Silk Road

Iran is arguably one of China's closest partners in the Middle East. And with economic sanctions on Tehran set to be eased, DW examines China's latest proposal to integrate Iran into its New Silk Road Initiative. Seeking to capitalize on the easing of international sanctions on Iran, China's railway authority...

ISIS Caliphate meets China’s Silk Road Economic Belt

This report examines the clashing ambitions between ISIS and China. With ISIS’s declaration of a caliphate that encompasses China’s Muslim Xinjiang, Chinese strategists will now consider how ISIS’s Eastward pivot will impact China’s own Westward march to create a Silk Road Economic Belt across Eurasia. While the Western U.S.-led...

The Return of Egypt’s Military Interest Groups

Egyptian President Abdel Fattah el-Sisi amended the powers of the Armed Forces Land Projects Agency, which was set up by presidential decree in 1981 to manage the sale of real estate no longer in use by the armed forces. The latest amendment now additionally empowers the agency to engage...

Chinese leader in Belarus to sign multibillion dollar deals

MINSK, Belarus (AP) — Chinese President Xi Jinping traveled Sunday to Belarus for a three-day trip to sign deals worth billions of dollars as Beijing looks to build greater inroads into Europe's economy. Xi said Sunday that Belarus could become a key hub for China's much-vaunted Silk Road vision —...

Post-sanctions Iran could be the next booming petrostate

As the world’s six major powers negotiate a nuclear deal with Iran, US and European oil companies are already eyeing the potential benefits of reinvesting in the country’s petroleum sector. If sanctions are eased, they are well positioned to provide the advanced technology and equipment Iran needs to further...

Failed Coup Could Upend Turkish Military

Washington has long wanted Turkey to play a larger role in the fight against the Islamic State. That looks unlikely. Long a frustrating but critical ally in the fight against the Islamic State, the Turkish government’s coming reckoning with its military leadership in the wake of Friday’s thwarted coup attempt...

Iran oil exports could jump by 60% in a year: Poll

Iran will increase its oil exports by up to 60 percent within a year if it can agree a nuclear deal with world powers bringing an end to sanctions, a Reuters survey of analysts said on Wednesday. A poll of 25 oil analysts from leading banks and brokerages forecast Iran...

Can This Israeli Startup Hack Your Phone?

Many computer-security companies trumpet their skills and accomplishments. Some take another tack altogether, like NSO Group. This Israeli startup no longer operates a website. But it has peddled its wares to the Mexican government, gotten on the radar of Central Intelligence Agency officials and recently was bought by an American private equity firm. A...

Why a forgotten 1930s critique of capitalism is back in fashion

Seventy years ago the thinkers and writers of the Frankfurt School warned of capitalism's drift towards a cultural apocalypse. Has it already happened, but we’ve been too uncritical to notice? In Jonathan Franzen’s 2001 novel The Corrections, Chip Lambert liquidates his library. He sells off his collection of Frankfurt School...

U.S. Stocks Fall With Global Shares, Pound on Brexit; Gold Gains

The aftershocks of the U.K.’s vote to leave the European Union reverberated across financial markets after a weekend of political turmoil, with the pound extending its record selloff and European equities dropping to levels last seen in February. The S&P 500 dropped 1.8 percent to the lowest since mid-March, while...

Slouching Toward War With Russia in Syria?

The proposed Obama-Putin cooperation was killed by its enemies in Washington, with dire implications. Nation Contributing Editor Stephen F. Cohen and John Batchelor continue their weekly discussions of the new US-Russian Cold War. The focus is on the Obama administration’s termination of months-long negotiations with Moscow for a joint US-Russian campaign...

China shifts axed miners to lower-paid jobs in farming, cleaning

Anticipating millions of layoffs from bloated state-owned coal and steel companies, Chinese authorities are shunting redundant workers into jobs in farming, forestry and public services. While this may keep unemployment rates under check, such jobs generally pay less, and could mean a step down in quality of living, reduced spending...
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Fake News and False Flags – How the Pentagon paid a British PR firm...

The Pentagon gave a controversial UK PR firm over half a billion dollars to run a top secret propaganda programme in Iraq, the Bureau of Investigative Journalism can reveal. Bell Pottinger's output included short TV segments made in the style of Arabic news networks and fake insurgent videos which could...

Jabhat al-Nusra’s rebranding is more than simple name change

On July 28, Jabhat al-Nusra announced it was severing all ties with its parent organization, al-Qaeda, and changing its name to Jabhat Fatah al-Sham (Conquest of Syria Front). Al-Qaeda gave its blessing to the move, reflecting an evolution by both organizations in their international strategies and a deep understanding...

Bayer’s $66bn takeover bid of Monsanto called a marriage made in hell

Vermont senator Bernie Sanders leads outcry over merger, saying deal is ‘a threat to all Americans’ and should be blocked by regulators. German chemical giant Bayer's $66bn (£50bn) deal to buy controversial US agrochemical giant Monsanto and create the world’s largest seeds and pesticides company is “a threat to all...

How the US Armed-up Syrian Jihadists

The West blames Russia for the bloody mess in Syria, but U.S. Special Forces saw close up how the chaotic U.S. policy of aiding Syrian jihadists enabled Al Qaeda and ISIS to rip Syria apart, explains ex-British diplomat Alastair Crooke. “No one on the ground believes in this mission or this effort”, a...

Global currency wars are threatening a Lehman-style crisis

Global currency markets made front-page headlines last week as the euro plunged towards parity with a surging dollar and the pound similarly soared against the single currency. But why is the dollar so buoyant and the euro spiralling downward? And should you lock in the strong pound by buying your...

Canada Judge Rules That Police Entrapped Couple in Bomb Plot

OTTAWA — A Canadian couple who planted what they believed were pressure-cooker bombs outside British Columbia’s legislature in 2013 were freed on Friday after a judge ruled that they had been entrapped by the Royal Canadian Mounted Police. The couple, John Stuart Nuttall and Amanda Marie Korody, are recovering drug...

Will road to Moscow lead Ankara to Damascus?

Turkey's diplomatic initiatives to overcome its long-felt isolation internationally and in the Middle East have begun to yield results. After reconciling with Israel and Russia and sending friendly messages to Cairo, Ankara appears to have extended its initiative to Damascus, taking its pulse for a possible reconciliation. Ismail Hakki Pekin is the one name associated...

Israel’s air superiority clouded by new Russian missiles in Syria

Putin's deployment of advanced S-400 system impacts a mainstay of Israel's defense strategy, though coordination with Moscow mitigates the threat. Israel's air superiority over its enemies has been a linchpin of its defense strategy for decades. The capacity of Israeli planes to carry out attacks well within enemies’ borders has...

China rules out weakening yuan to boost trade

SHANGHAI - China's central bank chief promised Friday to avoid weakening its yuan to boost sagging exports as he tried to reassure nervous financial markets about his government's handling of its economy and currency at the start of a closely watched gathering of global finance officials. Beijing wanted to use...

Europe’s Economies Must Match Capital Market Progress

Europe's corporate bond market is booming, thanks to a rush of U.S. issuers. If you build it, they will come. “It” is the European corporate bond market; but right now, “they” are often U.S. companies. Europe recognized postcrisis that it needed to rely less on bank financing for companies and develop...

Syria: NATO’s Last Desperate Options in Lost Proxy War

As Syrian forces and their allies complete the encirclement of Syria's largest city, Aleppo, the United States and its regional allies have signaled a sudden increased interest in ground operations in Syria, including US airpower backing Turkish-Saudi ground forces. While it is obvious the US and its allies are responding...

“Suicide Bombers” Known to, Imprisoned by Security Agencies BEFORE Brussels Attack

It is now revealed that not only were at least three bombers involved in the March 22 Brussels attack well-known to Western security agencies, two – brothers Brahim and Khalid El Bakraoui – were both arrested, charged, and imprisoned for violent crimes in 2010 and 2011, the elder brother for shooting at police...

Is Erdogan really stronger after failed coup?

The prevailing view among punditry and the media, both Turkish and international, is that President Recep Tayyip Erdogan has emerged much stronger from the July 15 coup attempt and is now empowered to steer the country as he likes. This assumption, however, is less than convincing for those who have...

NSA spied on EU politicians and companies with help from German intelligence

Spies failed to check properly what was being passed across to the US. Germany's intelligence service, the Bundesnachrichtendienst (BND), has been helping the NSA spy on European politicians and companies for years, according to the German news magazine Der Spiegel. The NSA has been sending lists of "selectors"—identifying telephone numbers, e-mail and IP...

American aircraft dropped weapons to ISIS, says MP

On Saturday, MP Majid al-Ghraoui said that, an American aircraft dropped a load of weapons and equipment into the hands of the ISIS group militants in southeast of Tikrit, located in Salahuddin province. MP Majid al-Ghraoui, the member of the Security and Defense Committee in the Parliament, said: “The information that has reached...

Hillary the Hawk: A History

From Haiti to Syria, the Democratic candidate’s long record suggests she’s looking forward to being a war president on day one. Whoever is elected on Nov. 8 will be a war president on day one, with the power and autonomy to undertake destabilizing shows of force, drone strikes, special operations...

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