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mpatel5

Egypt militants pledge loyalty to IS - 1 views

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    A jihadist group which has carried out a series of attacks on security forces in Egypt's Sinai peninsula has pledged allegiance to Islamic State (IS). Ansar Beit al-Maqdis announced the move on a Twitter account in Arabic, saying IS promised "a new dawn raising the banner of monotheism".
mpatel5

'They would torture you': ISIS prisoners reveal life inside terror group - 1 views

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    The terror group has been locked in a battle with Kurdish forces in the northern Syrian border town of Kobani since mid-September. The United States and its allies are bombing ISIS positions there, but airstrikes have yet to pry Kobani from the group's hands. Kareem says he fought for a year all across ISIS-controlled territory. He says other fighters he was with were promised wives by ISIS. Most of the fighters were foreigners, he says, and he had difficulty communicating with them because they didn't speak the local Syrian dialect of Arabic. Kareem says he even met a fighter from China at one point.
wmulnea

BBC News - Falling oil prices: Who are the winners and losers? - 0 views

  • The reasons for this change are twofold - weak demand in many countries due to insipid economic growth, coupled with surging US production. Added to this is the fact that the oil cartel Opec is determined not to cut production as a way to prop up prices.
  • Russia loses about $2bn in revenues for every dollar fall in the oil price,
  • Russia has confirmed it will not cut production to shore up oil prices.
  • ...12 more annotations...
  • Venezuela is one of the world's largest oil exporters, but thanks to economic mismanagement it was already finding it difficult to pay its way even before the oil price started falling.
  • Saudi Arabia, the world's largest oil exporter and Opec's most influential member, could support global oil prices by cutting back its own production, but there is little sign it wants to do this.
  • There could be two reasons - to try to instil some discipline among fellow Opec oil producers, and perhaps to put the US's burgeoning shale oil and gas industry under pressure.
  • Saudi Arabia needs oil prices to be around $85 in the longer term, it has deep pockets with a reserve fund of some $700bn - so can withstand lower prices for some time.
  • were to force some higher cost producers
  • In the 1980s the country did cut production significantly in a bid to boost prices, but it had little effect and it also badly affected the Saudi economy.
  • Saudi Arabia, Gulf producers such as the United Arab Emirates and Kuwait have also amassed considerable foreign currency reserves, which means that they could run deficits for several years if necessary.
  • Islamic State, capturing oil wells. It is estimated it is making about $3m a day through black market sales - and undercutting market prices by selling at a significant discount - around $30-60 a barrel.
  • "The growth of oil production in North America, particularly in the US, has been staggering," says Columbia University's Jason Bordoff.
  • It has been this growth in US energy production, where gas and oil is extracted from shale formations using hydraulic fracturing or fracking, that has been one of the main drivers of lower oil prices.
  • "Shale has essentially severed the linkage between geopolitical turmoil in the Middle East, and oil price and equities," says Seth Kleinman, head of energy strategy at Citi.
  • With Europe's flagging economies characterised by low inflation and weak growth, any benefits of lower prices would be welcomed by beleaguered governments. A 10% fall in oil prices should lead to a 0.1% increase in economic output, say some. In general consumers benefit through lower energy prices, but eventually low oil prices do erode the conditions that brought them about.
alarsso

BBC News - Arab uprising: Country by country - Syria - 0 views

  • Protests demanding greater freedom and an end to corruption
  • Deraa
  • March 2011.
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  • demanding President Bashar al-Assad's resignation.
  • Opposition supporters began to take up arms, first to defend themselves and then to oust loyalist forces from their areas.
  • February 2012,
  • a new constitution
  • dropped an article giving the ruling Baath Party unique status as the "leader of the state and society"
  • denounced it
  • rebels seized control of large parts of the north and east of the country
  • National Coalition
  • Syrian people's "legitimate representative".
  • 2013,
  • shifting in Mr Assad's favour,
  • government
  • recover territory
  • August 2013
  • chemical weapons attack on the outskirts of Damascus
  • destroy Syria's chemical weapons.
  • peace conference in Geneva in January 2014.
  • more than 100,000 people dead
  • millions from their homes.
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    Overview of revolts in Syria and where it stands as of December 2013
kdancer

Is there a diplomatic solution to ISIS - 0 views

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    An international summit on combating militants from the Islamic State has opened in France, bringing together around 30 countries from a U.S.-led coalition. The Obama administration says several Arab League countries have signed on for airstrikes in Iraq and Syria, but no sustained campaign is imminent.
aromo0

In Egypt, the Law itself is an Enemy of Women's Rights | Informed Comment - 0 views

  • However, Egypt – along with most Muslim countries – incorporates a list of laws based on Islamic Sharia. Some of these are indisputable Sharia laws while others are based on individual interpretations, and both are indeed discriminatory.
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    This article provides laws that protect women as well as those whom only protect men. It shows the sexism between the laws for different genders.
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    Describes how the laws in Egypt are an enemy to Women's Rights. Egypt is ranked as the worst of 22 Arab states with regards to women's rights.
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    This article gives a brief description of laws and rules set in Egypt for women. 
csherro2

Arab uprising: Country by country - 0 views

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    Although Algeria's ruling elite appears to have a firm grip on power, strikes, protests and riots in early 2011 prompted President Abdelaziz Bouteflika to offer a series of concessions. In February 2011, the 19-year state of emergency was lifted. Two months later, the president promised to amend the constitution to "strengthen democracy".
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