Tuesday, April 25, 2017

Tag: US

War With China? Effects Of A U.S. Blockade In The South China Sea

“Chinese and Western experts” say a blockade by the U.S. in the South China Sea of China's artificial islands would be an “act of war” according to breathless Wall Street Journal reporters. The New York Times says unnamed “American Navy experts” are calling a blockade “tantamount to war”. Association of...

Trump Reverses Obama’s Mortgage Fee Cuts on First Day

Soon after Donald Trump was sworn in as president, his administration undid one of Barack Obama's last-minute economic-policy actions: a mortgage-fee cut under a government program that’s popular with first-time home buyers and low-income borrowers. The new administration on Friday said it’s canceling a reduction in the Federal Housing Administration’s...

China’s Xi Jinping At Davos, World’s Most Powerful Beggar

Xi Jinping will address the World Economic Forum on Tuesday in Davos, the first time a Chinese leader has done so. Chinese state media tells us he will speak strongly in favor of globalization. That message will be difficult to accept, however, as his country is closing off its market,...

China’s Xi to promote globalization at Davos, not war and poverty

China's President Xi Jinping will promote "inclusive globalization" at this month's World Economic Forum (WEF) in Davos and will warn that populist approaches can lead to "war and poverty", Chinese officials said on Wednesday. This year's forum, from Jan. 17-20, is expected to be dominated by discussion of a surge...

Summers Warns of Financial-Crisis Risk From Trump Economic Plans

Former U.S. Treasury Secretary Lawrence Summers attacked the policy proposals of Donald Trump on several fronts, saying the president-elect’s plans for deregulation were setting the stage for the next financial crisis. “The deregulation in some areas like finance is hugely dangerous,” Summers said Sunday in an interview on Fox News Channel....

SoftBank’s First U.S. Investment After Trump Talk Generates 3,000 Jobs

SoftBank Group Corp. Chief Executive Officer Masayoshi Son told President-elect Donald Trump this month he would create 50,000 jobs in the U.S. Money for the first 3,000 positions was announced on Monday. Satellite startup OneWeb Ltd. said it raised $1.2 billion from SoftBank and existing investors, with the Japanese technology...

Over 3,400 Militants Surrender to Syrian Army in Aleppo

TEHRAN (FNA)- The Russian General Staff announced that over 3,400 terrorists have surrendered themselves to the Syrian authorities since the beginning of the military operations in the city of Mosul. "A total number of 3,406 militants of the so-called moderate opposition groups have surrendered during the liberation of Eastern Aleppo,...

Donald Trump’s Israel ambassador is hardline pro-settler lawyer

David Friedman opposes two-state solution, backs undivided Jerusalem as capital and has acted for Trump's failing hotels. Donald Trump has named as his ambassador to Israel a pro-settler lawyer who has described some US Jews as worse than concentration camp prisoner-guards. David Friedman, a bankruptcy lawyer who represented the president-elect over...

Why Are the Media Taking the CIA’s Hacking Claims at Face Value?

Despite the CIA’s uninspiring record for the past 70 years, the media are defending the agency for all it’s worth. In 1977, Carl Bernstein published an exposé of a CIA program known as Operation Mockingbird, a covert program involving, according to Bernstein, “more than 400 American journalists who in the...

Making Russia The Enemy

The rising hysteria about Russia is best understood as fulfilling two needs for Official Washington: the Military Industrial Complex's transitioning from the “war on terror” to a more lucrative “new cold war” – and blunting the threat that a President Trump poses to the neoconservative/liberal-interventionist foreign-policy establishment. By hyping the...

Long-shot bid to block Trump arrives at Electoral College Monday

The Electoral College's 538 members gather Monday at 50 state capitols to cast the ballots that matter the most when it comes to electing a U.S. president. Normally sedate affairs that pass with little notice, this year’s proceedings have been injected with a bit of drama and a dash of...

WikiLeaks figure says disgusted Democrat leaked Clinton campaign emails

A WikiLeaks figure is claiming that he received leaked Clinton campaign emails from a “disgusted” Democratic whistleblower, while the White House continued to blame Russian hackers Wednesday for meddling in the presidential election and asserted that Donald Trump was “obviously aware” of Moscow’s efforts on his behalf. Craig Murray, a...

Congress Votes To Give Jihadists Anti-aircraft Missiles

On Thursday, the Senate passed a bill that puts every American who travels by plane at risk. It is among the stupidest pieces of legislation ever written and it explains-- to a great extent-- why the US Congress has a public approval rating of 13 percent and is among the...

Top U.S. spy agency has not embraced CIA assessment on Russia hacking

The overseers of the U.S. intelligence community have not embraced a CIA assessment that Russian cyber attacks were aimed at helping Republican President-elect Donald Trump win the 2016 election, three American officials said on Monday. While the Office of the Director of National Intelligence (ODNI) does not dispute the CIA's...

Congress authorizes anti-aircraft missiles for Syrian opposition

Washington, D.C. – Congress for the first time authorized the Department of Defense to provide vetted-Syrian rebels with anti-aircraft missiles. The provision is contained within the $619 billion Fiscal Year 2017 National Defense Authorization Act, which passed the Senate on Dec. 8 and the House on Dec. 2. Under the bill,...

More Special Operations forces are headed to Syria. Here’s what they’re going to do.

As Syrian fighters push toward the Islamic State’s de-facto capital of Raqqa in northern Syria, Defense Secretary Ashton B. Carter announced Saturday that additional U.S. Special Operations forces will head into the country to help the fledgling offensive. The additional 200 troops will bolster the 300 or so already in...

How War Propaganda Keeps on Killing

The “fake news” hysteria has become the cover for the U.S. government and mainstream media to crack down on fact-based journalism that challenges Official Washington’s “Group Thinks.” A key reason why American foreign debacles have been particularly destructive mostly to the countries attacked but also to the United States is...

Can Corporate Raider Wilbur Ross Deliver on Trump’s Blue-Collar Promises?

Trump's pick for commerce secretary has a track record of saving American jobs. Whether he can bring many back to the Rust Belt remains to be seen. A decade ago, cheap Chinese cloth was hammering American textile makers. Companies like Burlington Industries and Cone Mills, two big U.S. makers of...

Swamp or no swamp, Goldman swims on

The investment bank’s network reaches the White House, again. Consider just this very partial list: Henry Fowler, Robert Rubin, and Hank Paulson, former US Treasury secretaries. Mark Carney, governor of the Bank of England. Mario Draghi, European Central Bank president. Malcolm Turnbull, prime minister of Australia. Bill Dudley, president of...

Lagarde Says Globalization Needs to Have a More Inclusive Face

Supporters of globalization need to develop a new way to promote open markets that relies on smaller trade deals and helps people who are feeling left out, International Monetary Fund Managing Director Christine Lagarde said. “I certainly hope there is not a move toward deglobalization,” Lagarde said Friday in an...

The Coming War on China

When I first went to Hiroshima in 1967, the shadow on the steps was still there. It was an almost perfect impression of a human being at ease: legs splayed, back bent, one hand by her side as she sat waiting for a bank to open. At a quarter...

Why Everything You’ve Read About Syria and Iraq Could be Wrong

The Iraqi army, backed by US-led airstrikes, is trying to capture east Mosul at the same time as the Syrian army and its Shia paramilitary allies are fighting their way into east Aleppo. An estimated 300 civilians have been killed in Aleppo by government artillery and bombing in the...

Petraeus Redux?

The news that President-elect Donald Trump called in disgraced retired Gen. David Petraeus for a job interview as possible Secretary of State tests whether Trump's experience in hosting “The Celebrity Apprentice” honed his skills for spotting an incompetent phony or not. Does Trump need more data than the continuing bedlam...

The Orwellian War on Skepticism

Under the cover of battling “fake news,” the mainstream U.S. news media and officialdom are taking aim at journalistic skepticism when it is directed at the pronouncements of the U.S. government and its allies. One might have hoped that the alarm about “fake news” would remind major U.S. news outlets,...

The CIA and the Press: When the Washington Post Ran the CIA’s Propaganda Network

Last week, the Washington Post published a scurrilous piece by a heretofore obscure technology reporter named Craig Timberg, alleging without the faintest evidence that Russian intelligence was using more than 200 independent news sites to pump out pro-Putin and anti-Clinton propaganda during the election campaign. Under the breathless headline, “Russian propaganda effort...

Egypt’s Unlikely Ardor for Trump: Why Cairo Welcomes His Presidency

More than three weeks after the election, the American public remains divided over Donald Trump's surprise victory. Six thousand miles away, however, one U.S. ally has demonstrated a far more unified response. Egyptians, particularly those of a pro-government bent, are among the world’s happiest people about the Trump win. That...

Obama Is Expanding Trump’s War-Making Powers on His Way Out the Door

From drone strikes to Navy SEALs, the next president will have more lethal options than ever. The scope of war-making authorities and powers available to the Trump administration depends on decisions made by the Obama administration. Two recent news reports shed some troubling light on its approach to the coming...

Obama Expands War With Al Qaeda to Include Shabab in Somalia

WASHINGTON — The escalating American military engagement in Somalia has led the Obama administration to expand the legal scope of the war against Al Qaeda, a move that will strengthen President-elect Donald J. Trump's authority to combat thousands of Islamist fighters in the chaotic Horn of Africa nation. The administration...

Apple in line of fire if trade wars start

Trump's decision to scrap Trans-Pacific Partnership is a lost opportunity for tech. There aren’t many politicians in the US right now who are prepared to shed public tears over abandoned trade deals. So when president-elect Donald Trump declared this week that the US, under his administration, would drop its support for...

Whither the Iran Deal Under Trump?

How the president-elect might pick apart one of the Obama administration's signature accomplishments. In the aftermath of Donald Trump's upset victory, no foreign policy question looms larger than the fate of the Iran nuclear deal. That central component of President Barack Obama’s legacy was the focus of Trump's contempt on...

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