Friday, October 3, 2014

ECB Pauses to Observe Results of Recent Stimulus Measures

Rates on Hold, as Policy Makers Set to Buy Bonds and Asset-Backed Securities to Help Economy
The Wall Street Journal
By BRIAN BLACKSTONE CONNECT
Updated Oct. 2, 2014 1:41 p.m. ET

NAPLES, Italy—The European Central Bank took no new action on Thursday, despite inflation weakening to a five-year low, signaling it will wait to see if stimulus measures undertaken in recent months lift the eurozone’s weak economy.

Australia authorizes special forces troops to go to Iraq

BY LINCOLN FEAST
SYDNEY Fri Oct 3, 2014 3:16am EDT

(Reuters) - Australian special forces troops will be deployed in Iraq to assist in the fight against Islamic State militants, Prime Minister Tony Abbott said on Friday, and its aircraft will also join U.S.-led coalition strikes.

Hong Kong Protests: China Pushes Back Against U.S.

The Wall Street Journal
By CHARLES HUTZLER
Oct. 1, 2014 11:56 p.m. ET


In a rare public spat, China's foreign minister, Wang Yi, pushed back against U.S. Secretary of State John Kerry on the Hong Kong protests, with the Chinese official saying the U.S. should stay out of China's internal affairs.

Wednesday, October 1, 2014

U.K. Carries Out First Airstrikes in Iraq

Ministry of Defense Says RAF Destroyed an Islamic State Arsenal and a Machine Gun-Mounted Vehicle
The Wall Street Journal
By JENNY GROSS
Updated Sept. 30, 2014 5:15 p.m. ET


LONDONBritain's Royal Air Force carried out its first strikes in Iraq on Tuesday, destroying an Islamic State arsenal and a machine gun-mounted vehicle, the Ministry of Defense said.

Ukraine nationalists tear down Kharkiv's Lenin statue

BBC
28 September 2014 Last updated at 22:24 GMT

Nationalists have torn down a statue of Lenin in the centre of Ukraine's second-largest city, Kharkiv, in a move supported by officials.

People cheered and leapt for joy as the statue came crashing down.

Tuesday, September 30, 2014

For China, Limited Tools to Quell Unrest in Hong Kong

By EDWARD WONG and CHRIS BUCKLEYSEPT. 29, 2014
The New York Times

BEIJINGChina’s Communist Party has ample experience extinguishing unrest. For years it has used a deft mix of censorship, arrests, armed force and, increasingly, money to repress or soften calls for political change.

The many names of ISIS (also known as IS, ISIL, SIC and Da'ish)

The Economist
Sep 28th 2014, 23:50 by M.R. | CAIRO

FOR the third time in as many decades America is leading a powerful coalition to war in the Middle East. On September 23rd the offensive expanded dramatically as coalition aircraft and missiles struck in Syria, widening the theatre beyond its initial arena in Iraq. Their target is a radical jihadist group that has grabbed headlines since June, when its black-clad gunmen burst beyond territory they had captured during Syria’s civil war and seized big chunks of Iraq, including the country’s second biggest city, Mosul. Alarm has grown as they have massacred hundreds of prisoners, sometimes with grisly televised beheadings, and hounded thousands of Christians and other minorities from their homes. Nearly everyone shares a desire to destroy this scourge, yet they cannot seem to agree on what to call it. The group has been variously dubbed ISIS, ISIL, IS, SIC and Da'ish. Why the alphabet soup?

Monday, September 29, 2014

Isis 'just one mile from Baghdad' as al-Qaeda fighters join forces against Syria air strikes

The Independent
MONDAY 29 SEPTEMBER 2014


Isis fighters are reportedly just one mile away from Baghdad as reports emerge of al-Qaeda militants bolstering their ranks in Syria.

According to the Foundation for Relief and Reconciliation in the Middle East, Isis was approaching the Iraqi capital on Monday morning.

Sunday, September 28, 2014

Δύο κείμενα για τον ιμπεριαλισμό

Και τα δύο είναι από την εφημερίδα της αριστεράς ΑΥΓΗ.
Περιγράφουν στο πρώτο άρθρο την ομιλία του υπεξ της Ρωσίας Σ Λαβρόφ για την Ουκρανική κρίση και τις προσπάθειες της Ρωσίας για την ανάταξη των σχέσεων με τις ΗΠΑ μακριά από την σημερινή ένταση και στο δεύτερο (περιγράφουν) τον ρόλο των ΗΠΑ στην κρίση του ΙΡΑΚ μετά την κατίσχυση επί του πεδίου των δυνάμεων του Σουνιτικού Χαλιφάτου. Η «Ρωσοστρέφεια» της Ελληνικής Αριστεράς δεν είναι μυστικό για κανέναν, αλλά για κάποιους δεν είναι ούτε καν αξιοπερίεργο.

Thursday, September 25, 2014

Insight - With canal and hut, India stands up to China on disputed frontier

BY SANJEEV MIGLANI
NEW DELHI Thu Sep 25, 2014 4:06am IST

(Reuters) - Earlier this month, the Indian army, stationed on a remote Himalayan plateau, built a small observation hut from where they could watch Chinese soldiers across a disputed border.

The move so irked China's military that it laid a road on territory claimed by India and demanded that the tin hut be dismantled. India refused, destroyed a part of the new road and promptly raised troop numbers in the area.

Tuesday, September 23, 2014

Wall Street Retreats, as China’s Weakening Growth Pulls Shares and Oil Lower


By THE ASSOCIATED PRESSSEPT. 22, 2014
(Published in the Wall Street Journal) 
Worries about the outlook for growth in China and a slide in the price of oil pushed the stock market to its biggest loss in almost seven weeks on Monday.

Investors are nervous about China after a run of soft economic data that suggested growth there, the No. 2 economy after the United States, was slowing. The worries about China helped push down the price of oil, and that in turn weighed on energy stocks.

Isis onslaught against Kurds in Syria brings ‘man-made disaster’ into Turkey

In the border town of Suruç, there is anger and despair among the Syrian Kurd refugees who have joined the exodus

Constanze Letsch in Suruç
The Guardian, Monday 22 September 2014 20.43 BST

In the small bus shuttling passengers between Gaziantep and the small predominantly Kurdish border town of Suruç, all conversation is focused on one topic only.

“Suruç is teeming,” says Izzettin Abdi Hacirashad, 51, a spare parts trader. “In the parks, the bus station, the streets. Everywhere. You will see.”

With One Battle Over in Scotland, Another Begins

By JOHN F. BURNSSEPT. 21, 2014
The New York Times

AUCHTERARDER, Scotland — With one struggle concluded and another set to begin, this ancient slate-gray town in the russet-leaved approaches to the Scottish Highlands has been busy in recent days, swapping the political passions of last week for the breezier enthusiasms involved in preparing for what many local residents regard as the greatest sporting event ever to be staged in Scotland.

U.S. and Arab partners bomb ISIS in Syria

By Holly Yan and Jim Sciutto, CNN
September 23, 2014 -- Updated 1053 GMT (1853 HKT)

(CNN) -- The United States and several Arab nations rained bombs on ISIS targets in Syria on Tuesday -- the first U.S. military offensive in the war-torn country and a forceful message to the militant group that the U.S. would not stand by idly while it carried out its rampage of terror.
The airstrikes focused on the city of Raqqa, the declared capital of ISIS' self-proclaimed Islamic State. But other areas were hit as well.
The operation began with a flurry of Tomahawk missiles launched from the sea, followed by attacks from bomber and fighter aircraft, a senior U.S. military official told CNN.

Monday, September 22, 2014

James Clapper: We underestimated the Islamic State’s ‘will to fight’


The Washington Post 
By David Ignatius Opinion writer September 18

The United States has made the same mistake in evaluating fighters from the Islamic State that it did in Vietnam — underestimating the enemy’s will, according to James Clapper, the director of national intelligence.

Thursday, September 18, 2014

Scottish Vote on Independence Starts

Referendum Will Determine Whether Scotland Splits From the U.K.
The Wall Street Journal
By JASON DOUGLAS, JENNY GROSS and CASSIE WERBER
Updated Sept. 18, 2014 5:40 a.m. ET

EDINBURGH—Voters in Scotland on Thursday began casting their ballots in a historic referendum on whether to go it alone as an independent country or remain part of the U.K.

ECB hands out cheap credit to banks to boost economy

BY EVA TAYLOR AND JOHN O'DONNELL
FRANKFURT Thu Sep 18, 2014 5:35am EDT

(Reuters) - The European Central Bank handed out the first of its new four-year loans to banks on Thursday, the flagship tool in a new stimulus package it hopes will stave off price deflation and revive the ailing euro zone economy.

Wednesday, September 17, 2014

Ten Things to Know About Scotland's Independence Referendum

BY ALASTAIR JAMIESON
NBCnews

NDON -- Britain is under 72 hours away from a once-in-a-lifetime vote on Scottish independence that could break up the 307-year-old United Kingdom, splitting apart one of America’s key global allies. With polls suggesting that a Scottish split from the rest of Britain is a real possibility, lawmakers including Prime Minister David Cameron are making urgent appeals to save Britain its biggest constitutional upheaval since the Wars of Independence that led to the creation of the United States.

What will be voted on?

Dollar drops to two week-low vs euro ahead of Fed outcome


BY GERTRUDE CHAVEZ-DREYFUSS
NEW YORK Tue Sep 16, 2014 3:49pm EDT

"If Scotland becomes separate from the UK, it will most likely become a member of the EU. When it does, it will realise it cannot be 'independent, ever, because many aspects of life (political and economic) will be dictated by Brussels," said SLJ's Jen…

Tuesday, September 16, 2014

Ratings upgrade subdues Greek yields, Irish supply eyed


Mon Sep 15, 2014 11:56am EDT
Reuters

* Investors buoyed by S&P ratings lift

* PM Samaras says Greece will not need third bailout

* Fed meeting, Scotland vote pose volatility risks

* Spain's bonds claws back ground after torrid week (Updates prices, adds analyst comment)

By John Geddie