In These New Times

A new paradigm for a post-imperial world

No banker left behind

Posted by seumasach on August 19, 2013

[This is very interesting coming from a source which Fox News describes as “a virtual mouthpiece for the administration”. Is Obama’s new direction leading to the inevitable clash with Wall Street?]

“Detroit’s problems are a reminder of broader challenges, identified but still unmet: protecting pensions; protecting municipalities from Wall Street; and, at long last, revoking the obscene privileges of banks that allow them to prosper on the failings of others.”

Editorial Board

New York Times

15th August, 2013

The Detroit bankruptcy case has been cast as a contest between bondholders and pensioners that can be resolved only by shared sacrifice.

Read more

Posted in Financial crisis | Tagged: , , | Leave a Comment »

Syria faces a systematic terrorism

Posted by seumasach on August 19, 2013

Archbishop of Sebastia: Those, who set fire to churches in Egypt also destroy Syria

Syria News

18th August, 2013

The Archbishop of Sebastia from the Orthodox Patriarchate of Jerusalem, Theodosios (Atallah Hanna) of Sebastia, made several statements about the current violence and chaos in Egypt as well as about the Syrian conflict and the gruesome deeds of the Takfiri groups in both Arab states in a meeting with figures from the occupied area of Jerusalem (al-Quds).

Read more

Posted in Syria | Tagged: | Leave a Comment »

Technical committee to propose radical changes to Egypt’s 2012 constitution

Posted by seumasach on August 19, 2013

Al Ahram

18th August, 2013

A 10-member technical committee entrusted with amending Egypt’s 2012 constitution has almost finished its task. The committee was formed under Article 28 of the constitutional declaration issued by Interim President Adly Mansour 8 July and is headed by Mansour’s legal advisor, Ali Awad.

Read more

Posted in Uncategorized | Tagged: | Leave a Comment »

Egypt sending diplomatic mission to Russia

Posted by seumasach on August 19, 2013

Breitbart

16th August, 2013

As the situation in Egypt escalates, a source with very close ties to the Egyptian government tells Breitbart News that the country is preparing to send a diplomatic mission to Russia. While the Obama Administration sends conflicting messages about the conflict, Russia, China and Saudi Arabia have issued strong statements in support of the government’s crackdown on the Muslim Brotherhood. America’s influence in the region is waning.

Read more

Posted in Uncategorized | Tagged: | Leave a Comment »

Gold bears retreat

Posted by seumasach on August 19, 2013

[Firstly, they tried to knock out the Euro. Then they tried to knock out gold. In both cases they have failed and there is nothing left to support the dollar.]

Gold Bears Retreat as Prices Reach Two-Month High

Bloomberg

19th August, 2013

Speculators cut bullish and bearish bets on gold simultaneously for the first time in two months as prices advanced to the highest since mid-June on signs of strengthening physical demand.

Read more

Posted in Financial crisis | Tagged: | Leave a Comment »

Egypt’s Rebel Campaign launches petition to cancel US aid, Israel peace treaty

Posted by seumasach on August 19, 2013

The Rebel Campaign, which spearheaded the 30 June mass protests, calls for the restoration of Egyptian sovereignty in petition targeting foreign aid and Camp David

Al Ahram

18th August, 2013

The Rebel Campaign (Tamarod) has launched on its official website a petition to demand the cancellation of both US aid and the Camp David peace treaty between Egypt and Israel.

 

Read more

Posted in Uncategorized | Tagged: | Leave a Comment »

Egypt political groups condemn Brotherhood, foreign intervention

Posted by seumasach on August 18, 2013

Al Ahram

17th August, 2013

As violence continues in Egypt following the dispersal of sit-ins by supporters of deposed president Mohamed Morsi, several groups in Egypt hold the Muslim Brotherhood responsible for the chaos, while others protest what they describe as foreign intervention.

Read more

Posted in Uncategorized | Tagged: | Leave a Comment »

Syria rebels fight each other in Raqa

Posted by seumasach on August 17, 2013

[The FSA, increasingly controlled by the US via Saudi Arabia, is now engaged in battle against jihadists formerly supported by the US via Turkey and Qatar.This reformed FSA will presumably attend the Geneva2 conference representing “the rebels” although not the ones they’re now eliminating.]

Middle East Online

15th August, 2013

BEIRUT – A jihadist group has expelled rebel Free Syrian Army fighters from their positions in the northern city of Raqa, a watchdog reported on Wednesday.

Read more

Posted in Syria | Leave a Comment »

Ankara reconsiders backing for islamist Syrian rebels

Posted by seumasach on August 17, 2013

[Although widely unnoticed the shift in US policy in the region is deep and far-reaching. This back down by Turkey is one result of it, the marginalisation of Qatar, Hamas and the the Muslim Brotherhood is another.  The stage is being set for the Geneva 2 conference.]

Voice of America

16th August, 2013

ISTANBUL — Earlier this month, Turkish Prime Minister Recep Tayyip Erdogan openly criticized al-Qaida-linked terrorist groups operating in Syria.  Previously, Turkey’s government had been reluctant to criticize such groups, and has been frequently accused of supporting them tacitly, if not openly. But Ankara now appears to be distancing itself from them.

Read more

Posted in Global peace process, Syria | Tagged: , | Leave a Comment »

US, Russia will pause and play

Posted by seumasach on August 13, 2013

M.K.Bhadrakumar

Indian Punchline

The best outcome of the ‘2 plus 2′ — foreign ministers plus defence ministers — Russian-American meeting in Washington on Friday could be, arguably, Russian Foreign Minister Sergey Lavrov’s disclosure that the US side “confirmed” at the meeting that President Barack Obama did not cancel but merely postponed his ‘bilateral’ with his Russian counterpart Vladimir Putin, which was expected to take place in Moscow early September during his Russia visit in connection with the G20 at St.Petersburg.

Posted in Global peace process, Syria | Tagged: , | Leave a Comment »

UK food bank users doubled during school holidays

Posted by seumasach on August 11, 2013

PressTV

10th August, 2013

Food banks users have been doubled this summer as British households struggle to feed their children during school holidays, charity says.

Read more

 

Posted in UK economy | Leave a Comment »