Monday, March 14, 2016

Greece steps up efforts to move migrants to sheltered camps

Sun Mar 13, 2016 12:55pm EDT Related: WORLD, GREECE
ATHENS/IDOMENI | BY LEFTERIS KARAGIANNOPOULOS AND PHOEBE FRONISTA

Reuters

Greece increased efforts on Saturday to move thousands of migrants near the border with Macedonia to sheltered camps, as the spread of infection became a concern with one person in a sprawling tent city diagnosed with Hepatitis A.

Stranded in filthy conditions near the northern border town of Idomeni, at least 12,000 people, among them thousands of children, were waiting to cross the frontier although Macedonia and other nations along the so-called Western Balkan route have closed their borders.

Scuffles broke out at the camp in recent days as destitute people scrambled for food and firewood, while many have been sleeping in the open, often in the rain amid low temperatures.

Greek authorities handed out leaflets in Idomeni on Saturday informing people that the main route to northern Europe was shut. The pamphlets urged them to move to buildings and hospitality centers across Greece that have been set aside for the purpose, according to a government official from the country's refugee crisis management coordination body.

Greece: Stranded Migrants Head for Dangerous Route North

By COSTAS KANTOURIS AND KONSTANTIN TESTORIDES ASSOCIATED HAMILO, Greece — Mar 14, 2016, 9:32 AM ET

ABC News

Hundreds of migrants and refugees walked out of an overcrowded camp on the Greek-Macedonian border Monday, determined to use a dangerous crossing to head north.

More than 300 people, including dozens of children, were heading west toward a river that crosses the border, about 5 kilometers (3 miles) outside the village of Idomeni, where some 14,000 people are stranded at a sprawling camp.

They refused to turn back at a Greek police cordon outside the camp.

More than 40,000 people have been stranded in Greece after Macedonia and other ex-Yugoslav countries closed their borders to migrants and refugees — prompting them to seek more dangerous crossings.

Underscoring the risks, police in Macedonia said the bodies of two men and one woman, believed to be migrants, were found Monday in the Suva Reka river near the border with Greece. Twenty migrants crossed safely and another three were hospitalized, authorities said.

Saturday, March 12, 2016

China Weighs Letting Banks Sell Bad Debt to Investors

By CHRIS BUCKLEYMARCH 12, 2016

The New York Times


BEIJING — China is exploring a new way to grapple with its mounting pile of bad corporate debt, though its top central banker sought on Saturday to dispel worries that the plan would simply shift the burden to other parts of the country’s vast economy.

Under the tentative proposal, Chinese officials would allow banks saddled with growing quantities of bad loans to sell that debt to investors, said Zhou Xiaochuan, the governor of the People’s Bank of China. The goal is to help alleviate one of the major drags on China’s economy, the world’s second largest after the United States’ and a major driver of global growth.

But Mr. Zhou and a deputy central bank governor, Pan Gongsheng, said they would take steps to make sure the effort did not create the kind of risk-laden financial products that played a major role in the 2008 global financial crisis. The effort would be modest, regulators would monitor it closely, and mom-and-pop investors would be kept out, they said.

“There’s no need to exaggerate,” Mr. Zhou said at a news conference held as part of China’s annual legislative session in Beijing. “There’s not certainty that this would be a very big market.”

Refugee crisis: Macedonia tells Germany they've 'completely failed'

Macedonia is 'paying for the mistakes of the EU' says President Ivanov, as his country seals its border with Greece
Charlotte Beale

The Independent

Macedonia’s President has told Germany "your country has completely failed" in its security response to the refugee crisis.

While praising the "humanity" of German Chancellor Angela Merkel’s open-door immigration policy, President Gjorge Ivanov said "the security situation has been entirely ignored" in an interview with German newspaper Bild.

Authorities in Macedonia, which is not a European Union member state, have seized 9,000 forged or stolen passports from refugees.

But Macedonian offers to share intelligence and data on alleged jihadists have been rejected by Europe, Mr Ivanov said.

"We were told: we cannot cooperate with you; you are a third party country."

Greece steps up efforts to move migrants to sheltered camps


Sat Mar 12, 2016 2:37pm EST Related: WORLD, GREECE

ATHENS/IDOMENI | BY LEFTERIS KARAGIANNOPOULOS AND PHOEBE FRONISTA

Reuters

Greece increased efforts on Saturday to move thousands of migrants near the border with Macedonia to sheltered camps, as the spread of infection became a concern with two people in a sprawling tent city diagnosed with Hepatitis A.

Stranded in filthy conditions at a muddy tent city near the northern border town of Idomeni, at least 12,000 people, among them thousands of children, were waiting to cross the frontier although Macedonia and other nations along the so-called Western Balkan route have closed their borders.

Scuffles broke out at the camp in recent days as destitute people scrambled for food and firewood, while many have been sleeping in the open, often in the rain amid low temperatures.

Friday, March 11, 2016

Exclusive: Greece Won’t Use Force to Move Thousands of Migrants Stuck in Squalid Camp

Simon Shuster / Athens @shustry  March 10, 2016
ΤΙΜΕ

Their influx has spiked again this week despite Turkey's pledge to stop their boats, a senior official in Athens tells TIME

Although the sprawling refugee camp on the Greek border with Macedonia is quickly turning into a humanitarian nightmare—with around 12,000 migrants refusing to leave until the border, on Wednesday, reopens—the Greek authorities have ruled out the use of force in trying to deport them or move them to organized shelters, the government official coordinating Greece’s response to the refugee crisis says in an exclusive interview with TIME.

“The only plan is to persuade them,” says Dimitris Vitsas, the Alternate Minister of Defense, speaking in his office in Athens. “There is no plan of violence. We will not use force.”

Thursday, March 10, 2016

China’s Outflows of Money Slowed in February



By KEITH BRADSHERMARCH 7, 2016

The New York Times

HONG KONG — Few economic statistics have gone as quickly from obscurity to the center of attention from international financial markets lately as China’s foreign currency reserves, widely seen as the best barometer of how long China can avoid a possible devaluation someday of its own currency.

Monthly changes in the reserves these days mainly reflect how much money is being sent out of the country by Chinese companies and families nervous about the country’s economic slowdown and sweeping anticorruption investigations. Over the last five weeks, the Chinese government has waged an aggressive campaign to stem the outflow, through almost daily pledges by officials not to devalue and through much tighter enforcement of the rules on sending money overseas.

Forget fracking. Choking and lifting are latest efforts to stem U.S. shale bust

Thu Mar 10, 2016 2:32am EST Related: GLOBAL ENERGY NEWS
BY SWETHA GOPINATH AND AMRUTHA GAYATHRI

Reuters

Something is awry in the beleaguered U.S. shale patch: older wells, which normally gush oil or natural gas in their first few months before rapidly depleting, are not petering out as quickly as they should.

When oil prices began falling a year and a half ago in the deepest rout in a generation, many analysts expected U.S. crude production, especially from fracking in the new shale plays that contributed to a global supply glut, to follow quickly.

Refugee babies exposed to filth, infections at Greek border camp

 Wed Mar 9, 2016 8:42am EST Related: WORLD, GREECE
IDOMENI, GREECE | BY LEFTERIS PAPADIMAS

Reuters

Six-day-old Asima lies on her back a few meters away from a line of public toilets used by crowds of refugees and migrants stranded at a muddy border outpost in northern Greece.

She is one of the youngest of thousands of children trapped in what aid workers say is a petri dish of filth and festering infections, as European leaders work out what to do with the growing masses fleeing conflict zones and heading to Europe.

Medical charity Médecins Sans Frontières (MSF) says there are at least 40 pregnant women in Idomeni camp on the Macedonian border, and 40 percent of its population are children.

America's B-2s Sent To Deter China While B-52s Take On ISIS


By Tyler Rogoway
Yesterday 6:46pm
http://foxtrotalpha.jalopnik.com/americas-b-2s-sent-to-deter-china-while-b-52s-take-on-i-1763849735
Washington is moving around its heavy bombers like chess pieces as it attempts to deal with growing threats around the globe. B-52s are already deployed to Spain, but others will also take over for the B-1 as the U.S. Air Force’s ISIS pounding precision bomb truck. In the Indian Ocean, B-2 stealth bombers will be heading to American island outpost Diego Garcia to project power across Asia.

Diego Garcia, which is located with the British Indian Ocean Territories, was a bustling epicenter for USAF bombers and tankers during the wars in Afghanistan and Iraq. Today its airfield is far less active but the island remains a strategic outpost for the US and its allies.

The B-2s’ deployment to Diego Garcia comes as tensions are higher than ever in the South China Sea. Just last week the U.S. Navy sailed a carrier strike group into the heart of the disputed body of water, once again challenging Beijing’s blanket claim on the territory.

North Korean saber rattling has also come to a crescendo with proclamations that the rogue nation is readying its nuclear arsenal for a preemptive strike on South Korean and American forces taking part in the annual bilateral “Foal Eagle” war games.

Opinion: China's military is gearing up to compete with the U.S.



By Yvonne Chiu
Updated 0206 GMT (1006 HKT) March 10, 2016

CNN

Hong Kong (CNN)China's military is sending strong signals that it's gearing up to compete with the U.S. as a global superpower, engaging in a multi-faceted reform effort to modernize and professionalize its military.

One of the most significant developments is China's plans to establish an overseas military base—which would be contemporary China's first—in Djibouti. Construction started last month.

Wednesday, March 9, 2016

E.U. Woos Turkey for Refugee Help, Ignoring Rights Crackdown

By TIM ARANGO and CEYLAN YEGINSU
MARCH 8, 2016

The New York Times

ISTANBUL — The contrast was jarring: Just days after the police broke into the offices of an opposition newspaper using tear gas and water cannons, Turkey’s prime minister was greeted in Brussels with offers of billions in aid, visa-free travel for Turks in Europe and renewed prospects for joining the European Union.

The juxtaposition highlighted the conundrum Europe faces as it seeks solutions to its worst refugee crisis since World War II. To win Turkey’s desperately needed assistance in stemming the flow of migrants to the Continent, European officials seem prepared to ignore what critics say is President Recep Tayyip Erdogan’s steady march toward authoritarianism.

It is a moment of European weakness that the Turkish leadership seems keen to capitalize on. As Prime Minister Ahmet Davutoglu arrived in Brussels this week, he upped the ante, asking for more financial aid than was previously negotiated and demanding visa-free travel by June, while offering to take back some migrants who had crossed into Europe.

Tuesday, March 8, 2016

Turkey Places Conditions on E.U. for Migrant Help

By JAMES KANTER
MARCH 7, 2016
The New York Times

BRUSSELS — Turkey surprised European Union leaders on Monday by hitting them with a new set of demands if it is to help stem the flow of refugees from Syria and Iraq and other migrants seeking to enter Europe.

Leaders assessed the demands at an emergency summit meeting in Brussels, where Turkey’s prime minister asked for billions of euros in new assistance, easier access to visas for Turks to go to Europe and the dramatic acceleration of talks on Turkey’s membership in the bloc, a discussion that has languished for years.

The toughening of the Turkish position underscored Ankara’s apparent attempt to win more support from Europe if it is going to be expected to protect the bloc from hundreds of thousands of new asylum seekers.

But after a long day of negotiations that stretched into the early hours of Tuesday, the European leaders had made only partial progress, with many of them still assessing the terms. Even so, Angela Merkel, the German chancellor, said leaders would meet again in Brussels on March 18.

Syria refugee crisis: Turkey and EU agree outline of 'one in, one out' deal Angela Merkel describes Turkish proposal as a ‘breakthrough’ but says time needed to agree final details



The Guardian

European leaders said early on Tuesday morning that they had reached the outlines for a possible deal with Ankara to return thousands of refugees to Turkey and were hopeful a full agreement could be reached at a summit next week.

Analysis One in, one out – the EU's simplistic answer to the refugee crisis
The proposal that Europe will resettle every Syrian that Turkey allows in from Greece is morally and legally complex
 Read more
Turkey’s prime minister, Ahmet Davutoğlu, outlined proposals to resettle one Syrian refugee in Europe for every Syrian returned to Turkey from the Greek islands.

Monday, March 7, 2016

The Next Level of the Refugee Crisis

MARCH 6, 2016
The New York Times

Calling what is happening in Europe a refugee crisis no longer captures the enormity of the problem. This is a catastrophe that will soon become far worse as warm weather swells the torrent of people fleeing war in Syria, Iraq and Afghanistan. With the European Union incapable of united action, country after country has imposed panicky controls on once-open borders to block the refugees.

On Monday, Macedonian police fired volleys of tear gas at asylum seekers who burst through a fence on the Greece-Macedonia border. The same day, France began clearing out “the Jungle,” an enclave near Calais with thousands of refugees waiting desperately to cross the English Channel into Britain. And as gates across Europe close to them, thousands upon thousands of people crowd into Greece, which is opening a new camp nearly every day.

Grexit back on the agenda again as Greek economy unravels

After three emergency bailouts and the biggest debt restructuring in history, talk has again turned to the country dropping out of the currency union

The Guardian

European finance ministers will once again deliberate over how to treat Greece’s ongoing debt crisis this week despite the country desperately grappling with refugees pouring across its borders.

A meeting on Monday of finance ministers from the eurozone will determine whether creditors are to be given the green light to complete a long-delayed review of Greek economic recovery plans.

The review has been held up by disagreement among lenders over how much more Athens needs to cut from public spending. It is seen as key to reviving Greece’s banking sector and restoring business and consumer confidence.

“I think the situation right now is more dangerous than it was last summer,” the former finance minister Gikas Hardouvelis told the Guardian.

Saturday, March 5, 2016

Migrant Crisis Alters E.U. Calculations for Greece as Its Debt Struggle Continues

By LIZ ALDERMANMARCH 4, 2016
The New York Times

ATHENS — When Greece’s debt crisis threatened to sink the European Union’s single currency last summer, the rest of Europe, led by Chancellor Angela Merkel of Germany, ganged up to deliver the Greek government a stern message: Overcome your domestic political problems and do what is necessary to hold the Continent together.

Eight months after Greece agreed to do its part, it is the rest of Europe that is failing to muster the will to address a threat to the bloc’s unity, this time the continued influx of migrants from the Middle East and beyond. And Greece, the main entry route for asylum seekers, has been largely left to fend for itself.

“We are now in the situation where Greece is essentially becoming a holding pen for refugees and is being asked to solve a problem created by other countries,” said Jens Bastian, an economics consultant based in Athens and a former member of the European Commission’s task force on Greece. “You are basically putting the management of Europe’s migrant crisis at the doorstep of Greece.”

Friday, March 4, 2016

European Commission Proposes EU Aid for Migrants Stuck in Greece

Tensions have flared at border with Macedonia as a result of border restrictions in the Balkans and Austria

The Wall Street Journal

By VALENTINA POP
Updated March 2, 2016 11:58 a.m. ET
5 COMMENTS
BRUSSELS—The European Commission proposed the creation of a €700-million ($760 million) humanitarian assistance program, mostly to accommodate tens of thousands of migrants stuck in Greece as the main route into Europe becomes increasingly cut off.

The program, announced Wednesday, would follow a model so far used only in conflict zones, with the commission providing the funding to the United Nations’ refugee agency and other groups, which would then carry out aid efforts including setting up emergency tents and handing out aid.

Tensions have flared over the past few days at Greece’s border with Macedonia as a result of border restrictions put in place by Austria and Balkan countries last month.

UNHCR issues six-point plan to resolve Europe refugee crisis

Fri Mar 4, 2016 7:11am EST Related: WORLD, UNITED NATIONS
GENEVA

REUTERS

The United Nations refugee agency proposed a six-point plan to European Union heads of state on Friday to resolve the migrant crisis, warning that the situation was quickly deteriorating in Greece where some 30,000 refugees are stuck.

The U.S. just sent a carrier strike group to confront China

By David Larter, Navy Times 11:41 p.m. EST March 3, 2016

Navy Times

The U.S. Navy has dispatched a small armada to the South China Sea.

The carrier John C. Stennis, two destroyers, two cruisers and the 7th Fleet flagship have sailed into the disputed waters in recent days, according to military officials. The carrier strike group is the latest show of force in the tense region, with the U.S. asserting that China is militarizing the region to guard its excessive territorial claims.

Stennis is joined in the region by the cruisers Antietam and Mobile Bay, and the destroyers Chung-Hoon and Stockdale. The command ship Blue Ridge, the floating headquarters of the Japan-based 7th Fleet, is also in the area, en route to a port visit in the Philippines. Stennis deployed from Washington state on Jan. 15.