Israel is clearly now on a path toward absorbing the West Bank’s 2.8 million Palestinians. There are already 1.7 million Arabs living in Israel, so putting these two Arab populations together would constitute a significant minority with a higher birthrate than that of Israeli Jews — who number 6.3 million — posing a demographic and democratic challenge. Continue reading the main story I greatly sympathize with Israel’s […]
By Andreina Aponte | CARACAS CARACAS Roughly one person is being lynched in crisis-ridden Venezuela every three days as frustrated residents take revenge on suspected criminals, a monitoring group said on Wednesday. The Venezuelan Observatory of Violence (OVV), which monitors crime, said mob killings have become a generalized phenomenon across the country, with 126 deaths reported in 2016 versus 20 last year. “Due to being repeated victims […]
By Orhan Coskun and Ellen Francis | ANKARA/BEIRUT ANKARA/BEIRUT Turkey and Russia have prepared an agreement for a ceasefire in Syria, Turkey’s foreign minister said on Wednesday, adding that Ankara would not give up its opposition to President Bashar al-Assad staying on as leader. The five-year-old Syrian civil war raged on, with heavy casualties reported in the siege of a town held by Islamic State, and the […]
AMMAN Syria’s main rebel groups were discussing with Turkey a ceasefire proposal being negotiated with Russia but had rejected Moscow’s demand to exclude a rebel stronghold near the capital from any deal, a senior rebel official said on Wednesday. Munir al Sayal, the head of the political wing of Ahrar al Sham, whose group is involved in the talks with Turkey, said it was premature to talk […]
By Andrew Osborn and Orhan Coskun | MOSCOW/ANKARA MOSCOW/ANKARA Syria would be divided into informal zones of regional power influence and Bashar al-Assad would remain president for at least a few years under an outline deal between Russia, Turkey and Iran, sources say. Such a deal, which would allow regional autonomy within a federal structure controlled by Assad’s Alawite sect, is in its infancy, subject to change […]
In the latest snub of president Obama and the US State Department, on Wednesday Turkey and Russia reached an agreement for a ceasefire in Syria, Turkey’s foreign minister said, and according to Anadolu News Agency, will aim to put it into effect by midnight. Anadolu, citing sources, said the two countries have reached a consensus that will be presented to participants in the conflict on expanding the […]
When the direct trading link between stock markets in Shenzhen and Hong Kong opened this month, local dignitaries were easy to spot at the launch events. Less conspicuous were international investors ready to take advantage of what was billed as a big opportunity to buy into Chinese equities. The link offers foreign investors greater access to shares on the Shenzhen Stock Exchange, home to some of China’s up […]
Shares in Toshiba sank by their daily limit of 20 per cent on Wednesday morning as investors scrambled to reassess the company’s financial stability and questioned the future of one of Japan’s most celebrated industrial names. The stock plunge followed Toshiba’s warning to the market the previous evening that it could book multibillion-dollar impairment losses on part of its Westinghouse nuclear business in the US – a […]
Submitted by Mike Krieger via Lberty Blitzkrieg blog, Today’s piece should be seen as a bit of a followup to yesterday’s post, India’s Demonetization Debacle Highlights the Dangers of Monetary Monopoly. While yesterday’s piece was more philosophical/strategic in nature, today’s zeroes in on some of the devastating real world impacts of Narendra Modi’s insane and inhumane cash ban. It’s hard to overstate the damage this policy has done to […]
After a two-year experiment with free markets, the pain of low oil prices forced the world’s biggest producers to join forces in 2016 and tackle a global supply glut. Saudi Arabia-led Opec and non-member countries, primarily Russia, agreed after months of discussion and back channel diplomacy to cut production for the first time since the global financial crisis. Prices look set to end the year in the […]
By Andrew Osborn and Tom Perry | MOSCOW/BEIRUT MOSCOW/BEIRUT Russia’s foreign minister on Tuesday said the Syrian government was consulting with the opposition ahead of possible peace talks, while a Saudi-backed opposition group said it knew nothing of the negotiations but supported a ceasefire. In an interview with Interfax news agency, Sergei Lavrov did not say where the consultations were taking place or which opposition groups were […]
WASHINGTON The U.S. State Department on Tuesday rejected as “ludicrous” accusations by Turkish President Tayyip Erdogan that U.S.-led coalition forces supported terrorist groups in Syria including Islamic State and Kurdish militant groups YPG and PYD. State Department spokesman Mark Toner there was no was basis for such an accusation. (Reporting by Lesley Wroughton; Writing by Yara Bayoumy; Editing by Lisa Shumaker) ‘); $(‘.second-article-divide’).append($(‘.slider.slider-module’)); $(‘.third-article-divide’).append(”); var median = […]
One year after this website demonstrated that Turkey was cooperating with the Islamic State, in the very least trading cash in exchange for crude oil sold to various Turkish outposts (a trade which was subsequently ended by the Russian air force), Turkey has flipped the tables and on Tuesday Turkish President Recep Tayyip Erdogan said he has uncovered evidence that US-led coalition forces have helped support terrorists […]
ANKARA Turkish President Tayyip Erdogan said he has evidence that U.S.-led coalition forces give support to terrorist groups including the Islamic State and Kurdish militant groups YPG and PYD, he said on Tuesday. “They were accusing us of supporting Daesh (Islamic State),” he told a press conference in Ankara. “Now they give support to terrorist groups including Daesh, YPG, PYD. It’s very clear. We have confirmed evidence, […]
Given the number of people in the city, New Yorkers rarely feel they’re on the same page with each other. The day after Donald Trump was elected United States president, however, they quietly mourned together. The weather, as if set in a Shakespearean drama, reflected the solemn state of the city’s inhabitants. In the days leading up to the election, the weather was perfectly crisp. The annual […]
The low-for-long era is over. Central banks, fiscal activism and populism pricked the bond bubble in 2016. Next year will be a lot worse for bond investors, and the aftershocks of the burst will spread across many other assets. Since the crisis, investors have been buying bonds for capital gains and equities for yield, trusting in the holding hand of easy monetary policy. However, today the central […]
MOSCOW Russia said on Tuesday that a U.S. decision to ease some restrictions on arming Syrian rebels had opened the way for deliveries of shoulder-fired anti-aircraft missiles, a move it said would directly threaten Russian forces in Syria. Moscow last year launched a campaign of air strikes in Syria to help President Bashar al-Assad and government forces in a conflict with rebels, some of whom are supported […]
TOKYO Tokyo Electric Power (Tepco) is gauging demand for its first bond offering since the 2011 Fukushima nuclear calamity, with some market participants expecting a sale as early as February, people familiar with the plans said. Once-sceptical investors are now more comfortable with the utility’s outlook after government moves to reassess decommissioning and compensation costs, bankers and investors who asked not to be identified told Thomson Reuters […]
In 2016 it was all about Panamagate. But by retaining Konrad Mizzi in his executive and Keith Schembri besides him in Castille, Prime Minister Joseph Muscat stubbornly failed to recognise the extent of the public outrage at these revelations Jurgen Balzan 27 December 2016, 7:20am Joseph Muscat stood by his men and by his own admission, he evidently considers himself unable to complete the energy plans without […]
By Stephen Kalin | EAST OF MOSUL, Iraq EAST OF MOSUL, Iraq Iraqi forces will resume their push against Islamic State inside Mosul in the coming days, a U.S. battlefield commander said, in a new phase of the two-month-old operation that will see American troops deployed closer to the front line in the city. The battle for Mosul, involving 100,000 Iraqi troops, members of the Kurdish security […]
What a year it was for television. The idea that this is a golden age for small-screen entertainment has become almost a cliché, but there is no denying we have never had so much high-quality TV entertainment to choose from – so much so, it is tough to keep up. We have limited our best-of list to just five, which means we had to reluctantly leave out […]
By Shwe Yee Saw Myint | YANGON YANGON A man has been found dead with stab wounds in Myanmar’s Rakhine State, in what the government said on Monday was the second murder in under a week of a Rohingya who cooperated with authorities as they crack down on suspected insurgents. Coordinated attacks on October 9 killed nine police officers and sparked a military operation in northern Rakhine. […]
In January of 2016, the Bundesbank announced that three years after commencing the transfer of some of its offshore-held gold from vaults located at the Banque de France in Paris and the NY Fed in New York, it had repatriated a total of 366.3 tonnes, bringing the German central bank’s gold reserves held in Frankfurt to 1,402 tonnes, or 41.5% of Germany’s total gold of 3,381 tonnes, […]
FRANKFURT European Central Bank policymaker Jens Weidmann said plans for a state bailout of Italian bank Monte dei Paschi di Siena (BMPS.MI) should be weighed carefully as many questions remain to be answered, according to German newspaper Bild. “For the measures planned by the Italian government the bank has to be financially healthy at its core. The money cannot be used to cover losses that are already […]
