Sunday, January 20, 2019

U.S.-Saudi Relations

The U.S.-Saudi Arabia alliance, which survived the oil embargo in 1973 and the attacks of September 11, 2001, in which fifteen of the nineteen passenger jet hijackers were Saudi citizens, is coming under new strains. A new generation of Saudi Arabian leaders is adjusting to what it sees as...

Pentagon report justifies deployment of military spy drones over the U.S.

The Pentagon has deployed drones to spy over U.S. territory for non-military missions over the past decade, but the flights have been rare and lawful, according to a new report. The report by a Pentagon inspector general, made public under a Freedom of Information Act request, said spy drones on non-military missions...

Who Profits From the Refugee Crisis?

Wars and persecution have driven the number of refugees to record-breaking highs worldwide, the Office of the UN High Commissioner for Refugees reported in June 2015. Currently 59.5 million people - nearly 1 percent of the world's population - are refugees, asylum seekers or internally displaced. Half of them are children. This...

The Millions Left Behind in Afghanistan

With war intensifying as U.S. and NATO troops head home, promises made to help the millions of internally displaced are woefully unfulfilled. Farzana shivers with her seven children in what has been her home for more than a decade in Chaman-e-Babrak, Afghanistan. This settlement in northern Kabul houses hundreds of...

China’s debt mountain is growing fast

As China's manufacturing sector stalls, the world's second-largest economy is relying on a more dangerous growth engine: Debt. The Chinese government is encouraging banks to lend and people and businesses to spend. Sound familiar? America did it for years, spurring people to buy homes, cars and just about everything else on...

Declassified 28 Pages Suggest Ties Between Associate of 9/11 Hijackers and Former Saudi Ambassador

Twenty-eight pages of a 2002 congressional report on the September 11, 2001 terror attacks, released Friday, suggest potential links between some of the hijackers and people with ties to the Saudi government, but contain no independent evidence of a direct relationship. The release of the 28-pages, classified for more than...

Propaganda Bill in Congress Could Give America Its Very Own Ministry Of Truth

In the true Orwellian fashion now typifying 2016, a bill to implement the U.S.’ very own de facto Ministry of Truth has been quietly introduced in Congress — its lack of fanfare appropriate given the bill’s equally subtle language. As with any legislation attempting to dodge the public spotlight,...

Eric Holder’s Longtime Excuse for Not Prosecuting Banks Just Crashed and Burned

Eric Holder has long insisted that he tried really hard when he was attorney general to make criminal cases against big banks in the wake of the 2007 financial crisis. His excuse, which he made again just last month, was that Justice Department prosecutors didn’t have enough evidence to...

Gas galore – Europe to become dumping market for global gas supplies

From Australia to the US, from the Middle East to the Mediterranean, new projects are being planned to bring natural gas to the European market. This supports the EU’s goal to create a competitive integrated European gas market. But will there be enough demand for all that gas, Energy...

Donald Trump believes the United States can get $1 trillion in new roads –...

Inside two weeks before Election Day, Donald Trump has finally released a plan to pump $1 trillion of new infrastructure spending into the U.S. economy. He says it won't cost taxpayers a dime. Trump's economic advisers have embraced a modified version of a theory some liberal economists have been pushing for...

Why the EFF is pulling its support for the USA Freedom Act

Congress must embrace recent landmark opinion on phone metadata collection limits. The United States Court of Appeals for the Second Circuit has determined in American Civil Liberties Union (ACLU) v. Clapper that the National Security Agency’s telephone records program went far beyond what Congress authorized when it passed Section 215 of the Patriot Act...

India Acts East

Washington’s pivot to Asia gets all the attention, but India's pivot east will redefine regional politics. Washington’s Asia rebalance, first articulated by President Barack Obama in a 2011 speech to Australia’s parliament, has received ample attention. India’s envisioned pivot to Asia has garnered far less. Nonetheless, India’s planned pivot is freighted with significance for the country’s economic prospects,...

What Donald Rumsfeld Knew We Didn’t Know About Iraq

The document reveals gaps of intelligence on WMD. Why didn’t the Pentagon chief share it? On September 9, 2002, as the George W. Bush administration was launching its campaign to invade Iraq, a classified report landed on the desk of the chairman of the Joint Chiefs of Staff. It came...

The Impact of the Federal Reserve on Oil Markets

OPEC policy, fresh data from agencies such as the IEA and the EIA, price speculators, and geopolitical disruptions are all known as market movers. But there’s another important player in oil price movements, and that’s the Federal Reserve. With oil and other markets so sensitive to a variety of headlines,...

Saudi Arabia’s Youth Unemployment Problem Among King Salman’s Many New Challenges After Abdullah’s Death

Saudi Arabia's youth unemployment could become its biggest social challenge over the next decade amid sinking oil prices and the entry of millions of young people into its limited economy. King Abdullah bin Abdulaziz was known for modest education reforms in recent years, but it's unclear how his successor, Salman bin...

The Elephant In The Room: Deutsche Bank’s $75 Trillion In Derivatives Is 20 Times...

It is perhaps supremely ironic that the last time we did an in depth analysis of Deutsche Bank's financial situation was precisely a year ago, when the largest bank in Europe (and according to some, the world), stunned its investors with a 10% equity dilution. Why the capital raise...

IMF Makes Ukraine War-Fighting Loan, Allows US to Fund Military Operations Against Russia, May...

The International Monetary Fund (IMF) has agreed on a scheme of war financing for Ukraine. For the first time, according to Fund sources, the IMF is not only violating its loan repayment conditions, but also the purposes and safeguards of the IMF’s original charter. IMF lending is barred for a...

Documents Show U.S. Military Expands Reach of Special Operations Programs

The United States is spending more money on more missions to send more elite U.S. forces to train alongside more foreign counterparts in more countries around the world, according to documents obtained by The Intercept via the Freedom of Information Act. Under the Joint Combined Exchange Training program, which is...

UK licences £2.8bn of arms sales to Saudis since kingdom entered Yemen war

Government releases £7m of military export licences in last three months of 2015 despite calls to suspend arms sales. The British government released licences for the export of £7m of arms to Saudi Arabia in the last three months of 2015, taking the total value of such licences since the...

US military successfully tests electrical brain stimulation to enhance staff skills

Study paves way for personnel such as drone operators to have electrical pulses sent into their brains to improve effectiveness in high pressure situations. US military scientists have used electrical brain stimulators to enhance mental skills of staff, in research that aims to boost the performance of air crews, drone...

U.S. Forces in Europe Told Deterring Russia Is Highest Priority

The American military's European Command (EUCOM) published an updated strategy document on Wednesday embracing the organization's objective to deter possible Russian aggression against Europe as its highest priority. In a statement published on EUCOM's website, the command declared 2015 to be one of its busiest years since the end of...

Investigators find Islamic State used ammo made in 21 countries, including America

A new report from an arms tracking group highlights how readily arms shipped to the Middle East are transferred from allied groups to hostile ones. An independent arms monitoring group has collected evidence that fighters in the Middle Eastern extremist group known as the Islamic State, labeled a “network of...

America’s Allies Are Funding ISIS

The Islamic State of Iraq and Syria (ISIS), now threatening Baghdad, was funded for years by wealthy donors in Kuwait, Qatar, and Saudi Arabia, three U.S. allies that have dual agendas in the war on terror. The extremist group that is threatening the existence of the Iraqi state was built...

America’s Natural Gas Exports Won’t Be Enough to Blunt Putin’s Energy Weapon

The United States is shipping gas overseas for the first time in decades, but private companies sell to the highest bidder — and not just to the countries Washington might want for geopolitical reasons. A massive tanker eased into its berth in Louisiana last week and began loading thousands of...

Hillary Clinton’s Project For A New American Century

Here we go again. Earlier this year, some were surprised to see Project For The New American Century (PNAC) co-founder and longtime DC fixture Robert Kagan endorse former Secretary of State Hillary Clinton for president. They shouldn’t have been. As is now clear from a policy paper published last month,...

IMF admits disastrous love affair with the euro and apologises for the immolation of...

The International Monetary Fund’s top staff misled their own board, made a series of calamitous misjudgments in Greece, became euphoric cheerleaders for the euro project, ignored warning signs of impending crisis, and collectively failed to grasp an elemental concept of currency theory. This is the lacerating verdict of the IMF's...

EU signs deal to deport unlimited numbers of Afghan asylum seekers

Plans for dedicated reception terminal in Kabul, but experts warn that violence and instability in Afghanistan make deportations unsafe. The EU has signed an agreement with the Afghan government allowing its member states to deport an unlimited number of the country’s asylum seekers, and obliging the Afghan government to receive...

Trade in Services Agreement: October 14, 2016 Publication

Today, Friday 14 October 2016, 11:00am CEST, WikiLeaks releases new secret documents from the controversial Trade in Services Agreement (TiSA) currently being negotiated by the US, EU and 22 other countries that account for over 2/3rds of global GDP. The release is just a few days ahead of the next...

EU’s secret ultimatum to Afghanistan: accept 80,000 deportees or lose aid

Memo leaked in advance of Brussels aid summit reveals EU plans to make assistance to Afghanistan ‘migration sensitive’ despite security concerns. When international donors and the Afghan government convene in Brussels next week, the EU secretly plans to threaten Afghanistan with a reduction in aid if the war-torn country does...

Secret Trans-Pacific Partnership Agreement (TPP) – Investment Chapter

WikiLeaks releases today the "Investment Chapter" from the secret negotiations of the TPP (Trans-Pacific Partnership) agreement. The document adds to the previous WikiLeaks publications of the chapters for Intellectual Property Rights (November 2013) and the Environment (January 2014). The TPP Investment Chapter, published today, is dated 20 January 2015. The...

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