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Paul Merrell

Putin orders start of Russian forces' withdrawal from Syria | News , Middle East | THE DAILY STAR - 0 views

  • Russian President Vladimir Putin said on Monday he would start pulling his armed forces out of Syria, five months after he ordered a military intervention that turned the tide of the war in favor of Syrian President Bashar Assad."I believe that the task put before the defense ministry and Russian armed forces has, on the whole, been fulfilled," Putin said at a Kremlin meeting with his defense and foreign ministers at which he announced the withdrawal, starting Tuesday.Kremlin spokesman Dmitry Peskov said Putin had telephoned Assad to inform him of the Russian decision, but Peskov said the two leaders had not discussed Assad's future - the biggest obstacle to reaching a peace agreement.
  • But the Russian leader signaled Moscow would keep a military presence: he did not give a deadline for the completion of the withdrawal and said Russian forces would stay on at the port of Tartous and at the Hmeimim military airport in Syria's Latakia province, from which Russia has launched most of its air strikes.
  • Questions remained about the practical implications of Putin's announcement. It was not clear if Russian air strikes would stop. Russia will retain the capability to launch them, from the Latakia base.
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  • By signalling the start of a withdrawal, Russia is likely to soothe relations with the United States, which has accused the Kremlin of inflaming the Syrian conflict and pursuing its own narrow interests."I think we did it to show the Americans that we do not have military ambitions and don't need unnecessary wars," said Ivan Konovalov, director of the Center for Strategic Trend Studies in Moscow. "They have been accusing us of all kinds of things and this is a good way of showing them they are wrong."
  • Russia has said it was in Syria to fight extremist groups, but a large number of its air strikes were against anti-Assad groups that Washington and its allies designate as moderate opposition groups.Opposition fighters have alleged that Russia had combat troops on the ground fighting anti-Assad forces. The Kremlin has never acknowledged this, so it was unclear whether such forces would be covered by the withdrawal.Putin said Russia's Tartous naval base and Hmeimim air base "will function as they did previously. They must be reliably protected from land, sea and air."That continued military presence, and Russia's role as a major diplomatic and financial backer of Assad, ensures that the Kremlin will maintain powerful leverage over Syria and the progress of peace talks.Russia is likely to resist demands by the anti-Assad opposition and their Western supporters for the Syrian leader to leave office under the terms of any peace agreement.
Paul Merrell

Israel Grants Oil Rights in Syria to Murdoch and Rothschild - Craig Murray - 0 views

  • srael has granted oil exploration rights inside Syria, in the occupied Golan Heights, to Genie Energy. Major shareholders of Genie Energy – which also has interests in shale gas in the United States and shale oil in Israel – include Rupert Murdoch and Lord Jacob Rothschild. This from a 2010 Genie Energy press release: Claude Pupkin, CEO of Genie Oil and Gas, commented, “Genie’s success will ultimately depend, in part, on access to the expertise of the oil and gas industry and to the financial markets. Jacob Rothschild and Rupert Murdoch are extremely well regarded by and connected to leaders in these sectors. Their guidance and participation will prove invaluable.” “I am grateful to Howard Jonas and IDT for the opportunity to invest in this important initiative,” Lord Rothschild said. “Rupert Murdoch’s extraordinary achievements speak for themselves and we are very pleased he has agreed to be our partner. Genie Energy is making good technological progress to tap the world’s substantial oil shale deposits which could transform the future prospects of Israel, the Middle East and our allies around the world.” For Israel to seek to exploit mineral reserves in the occupied Golan Heights is plainly illegal in international law. Japan was succesfully sued by Singapore before the International Court of Justice for exploitation of Singapore’s oil resources during the second world war. The argument has been made in international law that an occupying power is entitled to opeate oil wells which were previously functioning and operated by the sovereign power, in whose position the occupying power now stands. But there is absolutely no disagreement in the authorities and case law that the drilling of new wells – let alone fracking – by an occupying power is illegal.
  • Israel tried to make the same move twenty years ago but was forced to back down after a strong reaction from the Syrian government, which gained diplomatic support from the United States. Israel is now seeking to take advantage of the weakened Syrian state; this move perhaps casts a new light on recent Israeli bombings in Syria. In a rational world, the involvement of Rothschild and Murdoch in this international criminal activity would show them not to be fit and proper persons to hold major commercial interests elsewhere, and action would be taken. Naturally, nothing of the kind will happen.
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    From Wikipedia: "Genie Energy's Strategic advisory board is composed of: Dick Cheney (former vice president of the United States), Jacob Rothschild, 4th Baron Rothschild, Rupert Murdoch (media mogul and chairman of News Corp), James Woolsey (former CIA director), Larry Summers (former head of the US Treasury), and Bill Richardson, an ex-ambassador to the United Nations and energy secretary."
Paul Merrell

First to Fall? Panama Papers Bring Down Iceland PM, Portending Future Fallout | Common Dreams | Breaking News & Views for the Progressive Community - 0 views

  • In the first instance of a prominent politician taken down by the 11.5 million documents leaked in the Panama Papers, Iceland Prime Minister Sigmundur Davíð Gunnlaugsson resigned on Tuesday after fully 10 percent of Iceland's population rallied in protest of his wife's secret, offshore shell company holding millions. Gunnlaugsson was asked about the account on the day the leak was announced in a television interview, and he walked out rather than answer the question:
  • The next day, "an estimated 22,000 Icelanders slung eggs and protested outside the Parliament building" demanding his resignation, as Common Dreams reported. Gunnlaugsson initially refused to bow to the public pressure, but eventually announced his resignation on Tuesday evening.
  • News editor of the Reykjavík Grapevine Paul Fontaine said Tuesday, "While the Prime Minister's particular role in the Panama Papers leak is huge, and I don't want to downplay it, I also don't want to downplay the involvement other Icelanders—and the countless others around the world—also had in this." "This extends beyond the prime minister; it reaches parliament, it reaches Reykjavík City Hall, and it reportedly reaches hundreds of as yet unnamed Icelandic businesspeople," Fontaine pointed out. "The greater crime, which the Panama Papers illustrate comprehensively, is that we have a secret economy connected to and even supporting some of the worst aspects of the global capitalist system."
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  • Meanwhile, Ukraine's president faces possible impeachment proceedings for his offshore holdings in the British Virgin Islands, and the Chilean head of anti-corruption group Transparency International resigned Tuesday after the Panama Papers revealed his own use of secret shell companies.
  • Relatively few Americans have been named in the leak thus far, perhaps pointing to the country's status as one of the foremost locales for creating shell corporations like those documented in the Panama Papers. "Americans can form shell companies right in Wyoming, Delaware or Nevada," said Shima Baradaran Baughman, a law professor at the University of Utah, in an interview with Fusion. "They have no need to go to Panama to form a shell company to use for illicit activities."
  • David Dayen explored in depth the paltry U.S. regulations around onshore shell companies in Salon: "While we force foreign financial institutions to give up information on accounts held by U.S. taxpayers through the Foreign Account Tax Compliance Act of 2010, we don’t reciprocate by complying with international disclosure requirements standardized by the Organization for Economic Co-Operation and Development (OECD) and agreed to by 97 other nations. As a result, the U.S. is becoming one of the world’s foremost tax havens."
  • President Barack Obama addressed the Panama Papers leak for the first time on Tuesday, condemning the laws that make offshore tax havens legal. But those words rang hollow to many observers who recalled that the Obama Administration was behind the very trade deal, Panama TPA, that enshrined the rights of firms such as Mossack Fonseca to funnel millions into untraceable offshore shell companies. As Common Dreams noted, "Much of [Mossack Fonseca's] activities were not necessarily illegal—thanks to agreements such as the Panama TPA." It is worth noting that Bernie Sanders advocated against the deal.
  • Reform also seems unlikely should Hillary Clinton become the Democratic party's nominee, considering that she and her husband own a shell corporation such as the ones documented in the Panama Papers, as the Associated Press reported last year. Unnamed officials told the AP that "the entity was a 'pass-through' company designed to channel payments to the former president." Thanks to the nature of the laws surrounding such corporations, Clinton is not required to disclose the company's existence or earnings in her campaign finance reports. Still, observers are hopeful that this record-shattering leak will drum up enough public pressure to not only topple prominent politicians, but to also propel the efforts of groups seeking real legislative reform. "The Panama Papers are a boost to the global movement to stop tax-haven abuse and recapture trillions of the hidden wealth of nations," wrote author Chuck Collins in The Nation. "This story isn’t going away anytime soon."
Paul Merrell

HSBC Judge: Public Has a Right to HSBC's Dirty Linen | 100Reporters - 1 views

  • A federal judge on Thursday ordered the release of an independent monitor’s review of HSBC’s internal cleanup after a landmark $1.92 billion settlement for laundering drug money and for sanctions violations. The U.S. Justice Department and the bank had claimed that disclosing the report could harm law enforcement efforts and provide criminals with a “road map” to holes in HSBC’s defenses against money laundering. But U.S. District Judge John Gleeson ruled that the court and the public had a right to know whether HSBC was living up to its agreement to improve internal controls and merited a deferral of prosecution by the government.
  • Gleeson also said it was “equally appropriate and desirable for the public to be interested and informed now in the progress” of the HSBC settlement. HSBC in 2012 reached a landmark settlement with the federal government, admitting that it had deliberately laundered funds for drug cartels and countries under trade sanctions. Prosecutors described the settlement as a “sword of Damocles” hanging over HSBC. Should the bank fail to improve, it would face prosecution for unbridled financial wrongdoing. A condition of the settlement was that the bank submit to extensive outside review of its reform efforts. The former New York State ethics chief Michael G. Cherkasky was appointed as the HSBC monitor in 2013. A leaked copy of his report recounted instances of U.S. bank managers bullying and shouting at compliance team members, and drew attention to the bank’s dealings with clients that had possible links to terrorism, according to Bloomberg.
Paul Merrell

STATEMENT FROM THE McCAIN FAMILY - Press Releases - United States Senator John McCain - 0 views

  • The McCain family released the following statement today: “Last summer, Senator John McCain shared with Americans the news our family already knew: he had been diagnosed with an aggressive glioblastoma, and the prognosis was serious. In the year since, John has surpassed expectations for his survival. But the progress of disease and the inexorable advance of age render their verdict. With his usual strength of will, he has now chosen to discontinue medical treatment. Our family is immensely grateful for the support and kindness of all his caregivers over the last year, and for the continuing outpouring of concern and affection from John’s many friends and associates, and the many thousands of people who are keeping him in their prayers. God bless and thank you all."
Paul Merrell

Natural Disasters Are Revealing The True Promise Of Green Energy - 0 views

  • After Hurricane Irma in Florida, millions have been without electricity. But those Floridians who had solar panels plus an inverter or a Tesla powerwall were able to recover electricity immediately. Likewise, cities used solar to power traffic lights and other essential services after the huge storm had blown past. Solar panels kept the lights on in India during the horrific storms and floods of monsoon this year. The CEO of REC, Steve O’Neil which makes solar panels, reveals some amazing progress on green energy:
  • In 2010, there were 50 gigawatts of solar power in the world. Today it is 305 gigawatts. Globally, solar installations increased by 50% in 2016 alone. The average cost of solar-generated electricity worldwide is currently 8 cents a kilowatt hour. That is down 70% since 2010.
  • ome on down to 2 cents a kilowatt hour in only a few years. India, a country of 1.2 billion people, has the seventh largest gross domestic product in the world (ahead of Italy and Brazil and just behind France). India has gone from having 2.65 gigawatts of solar in 2014 to having 13 gigawatts of solar capacity in 2017.
Paul Merrell

China will 'compel' Saudi Arabia to trade oil in yuan - and that's going to affect the US dollar - 0 views

  • "I believe that yuan pricing of oil is coming and as soon as the Saudis move to accept it — as the Chinese will compel them to do — then the rest of the oil market will move along with them," Carl Weinberg, chief economist and managing director at High Frequency Economics, told CNBC In recent years, several nations opposed to the dollar being the world's reserve currency have progressively sought to try and abandon it OPEC kingpin Saudi Arabia is at the crux of the petrodollar
Paul Merrell

No Slap On The Wrist: Wells Fargo Plunges After Federal Reserve Bars Lender's Growth - 0 views

  • Wells Fargo WFC -9.22%Wells FargoWFC$58.16$-5.91(-9.22%)As of 02/06/2018, 01:01am EST is facing far more than a fine for its fake accounts scandal, in which employees at the lender's branches across the country opened over a million fraudulent checking and credit card accounts to hit their numbers. Late on Friday, the Federal Reserve decided to restrict growth at America's third-largest bank by assets until its risk and governance is improved. The order, which also called for a revamp of Wells Fargo's board of directors, sent the bank reeling in early trading Monday. Wells Fargo shares plunged 9% lower in Monday trading, erasing most of its gains over the past 12 months. For its top shareholder, Warren Buffett's Berkshire Hathaway, the Fed-inspired stock slide meant its Wells Fargo holdings lost over $2.7 billion in value. "We cannot tolerate pervasive and persistent misconduct at any bank and the consumers harmed by Wells Fargo expect that robust and comprehensive reforms will be put in place to make certain that the abuses do not occur again," said chair Janet L. Yellen on Friday. The order was her last as head of the Federal Reserve. On Monday, successor Jerome Powell was sworn in. Added Yellen, "the enforcement action we are taking today will ensure that Wells Fargo will not expand until it is able to do so safely and with the protections needed to manage all of its risks and protect its customers." In September 2016, Wells Fargo paid a $185 million fine to the Consumer Financial Protection Bureau after the agency found branch bankers had opened well over a million fake accounts, which generated millions of dollars in fees to the lender. When the scandal, which occurred over almost a decade, was first revealed, Wells Fargo and its board didn't immediately overhaul their leadership, or sanction top executives in the divisions where fake accounts were created. Only after significant public outcry, in addition to a widening scope of the scandal, did Wells Fargo begin a revamp, firing CEO John Stumpf and clawing back bonuses for numerous executives. Backer Warren Buffett later said in an appearance on CNBC the bank and its leadership had misjudged the severity of the problem.
  • In addition to harsh words, the Fed is ordering a sanction of almost unprecedented severity. It will restrict the bank's growth until its governance and risk management improve, though it will allow Wells to continue current operations from taking deposits to offering loans.
  • Three Wells Fargo long-standing board directors, John Chen, Lloyd Dean and Enrique Hernandez, will likely retire at the firm's annual meeting as part of the Fed's additional order for a refreshment of four board directors. Analysts did not brush off the Fed's move, as they have large fines coming out of the crisis.
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  • The bottom line is that the consent and decree order will mean Wells will have a harder time maintaining market share and will have to compete more on price or credit terms versus peers, in our view. Wells will also have to maintain the balance sheet while other banks are growing, and we view this as defensive versus peers," Kleinhanzl added.
Paul Merrell

Dutch Election Debacle: Immigrant Bashing Leads in Polls - WhoWhatWhy - 0 views

  • Geert Wilders, who is often called “the Dutch Donald Trump,” will not necessarily head the government even if he wins the most seats in parliament. But he has taught the current Prime Minister Mark Rutte to pit Dutch voters against immigrants and their children.The American right’s favorite Islamophobe and a columnist for Breitbart news, Wilders is campaigning with the slogan, “The Netherlands Ours Again.” He promises to close all mosques and ban the Qur’an. He also calls for “Nexit” — the Netherlands leaving the European Union.In the wake of Britain’s vote to leave the European Union (Brexit) and Trump’s election as US president, the world is obsessing over Dutch polls to see if “Trumpism” will score a victory in The Netherlands, one of the world’s most democratic countries.Wilders’s anti-Islamic, anti-EU and anti-immigration Party for Freedom (PVV) is in a tight race for the lead with Rutte’s center-right People’s Party for Freedom and Democracy (VVD). At a minimum, Wilders will likely add to his seats in parliament after the March 15 polls. About 40% of voters are undecided, giving hope to Dutch progressives that a left-wing coalition is still possible.
  • It is Rutte, in office since 2010, who has the best chance of forming a new government. Veering right, he is now competing with Wilders to articulate the feelings of a so-called “silent majority,” saying immigrant youth should fit in or pleur op (“fuck off”).The Dutch elections are the first in 2017’s super election year in Europe, with far-right parties in many countries campaigning on an anti-immigrant and anti-EU platform. The next test for populism, only a month away, will be in France, where the far-right leader Marine Le Pen seeks to become president. Germany’s Chancellor, Angela Merkel, faces elections in September and could lose to a challenger from the left.
  • If Wilders gains power, he says the first thing he will do is hold a Brexit-style referendum. Leaving the European Union, the world’s biggest economic trading bloc, would hardly seem to make sense for the Netherlands, a small country that has grown wealthy off trade.Still, a new opinion poll confirms that the Dutch are falling out of love with the EU. It shows a slight majority actually favor Nexit if EU membership could be replaced with “bilateral trade relations.”It should not be forgotten that the Dutch voted down the 2005 EU constitution, which later became the Lisbon Treaty. They also rejected, by a wide margin, an EU treaty with Ukraine in a referendum last spring.
Paul Merrell

Securing Our Digital Economy | Internet Society - 0 views

  • Germany wants G20 leaders to agree to a concrete plan – one that includes affordable Internet access across the world by 2025, common technical standards and a focus on digital learning. Today, the G20 economies, like so many other economies around the world, are digital and interconnected. Digital services have opened up new avenues for sustainable economic growth. But, the digital economy will only continue to thrive and generate opportunities for citizens if the Internet is strong, secure, and trusted. Without this foundation, the global digital economy is at risk. Currently, there are 360 million people that take part in cross-border e-commerce. 28% of output in mature economies is digital. The Internet is set to contribute $6.6 trillion a year, or 7.1% of the total GDP in the G20 countries. And, by 2020, it’s estimated that more than 1 billion users will be added and there will be 30-50 billion additional connected devices. This level of interconnection will only boost the market. However, this cannot happen without a serious commitment by all parties to security and privacy. The truth is that economies can only function within a secure and trusted environment. Which brings us to encryption. Strong encryption is an essential piece to the future of the world’s economy and the Internet Society believes it should be the norm for all online transactions. It allows us to do our banking, conduct local and global business, run our power grids, operate, communications networks, and do almost everything else.
  • Encryption is a technical building block for securing infrastructure, communications and information. It should be made stronger and universal, not weaker. However, rather than being recognized as the way to secure our online transactions or our conversations, all too often the debate focuses on the use of encryption as a way to thwart law enforcement. To undermine the positive role of encryption in the name of security could have devastating consequences. Many great minds have already devoted considerable effort to resolving the conundrum posed by competing public policy objectives: providing security, safety and trust on the one hand, and law enforcement and legitimate policy goals on the other. But, it is time to stop kicking the encryption football up and down the field. Instead, we should recognize that encryption is key to the future digital economy and stop treating it as simply an obstacle to law enforcement. We need to deconstruct the issues faced by law enforcement and policy makers and agree together how we can achieve a trusted digital economy underpinned by encryption. This is the first time the G20 countries are holding a Ministerial on digital matters. It is also the first time that the G20 is inviting non-government stakeholders to contribute to these issues. This is a turning point that should not be missed. All views, including the technical perspective, must be at the table if we are to achieve progress on the G20’s ICT goals. If the G20 countries are serious about strengthening their economies and continuing to deliver economic and social prosperity to their citizens in future, there are three key principles they should endorse and implement immediately:
  • 1. Encryption is an important technical foundation for trust in the digital economy and should be the norm. All users (whether government, business or individual) should use encryption to protect infrastructure, communications and the privacy and integrity of their data. Encryption technologies should be strengthened, not weakened. 2. The security of the digital economy is a shared responsibility that needs the expertise and experience of all stakeholders, across border and across disciplines. It is an urgent need that will require open, inclusive collaboration. 3. Users’ rights should be at the heart of any decisions related to the digital economy. They are both the customers and the contributors to the success of the digital economy. The Internet Society calls for ubiquitous encryption for the Internet. We strongly believe that this is the best foundation for trust in the digital economy, and we urge the G20 nations to stand behind encryption.
Paul Merrell

Bernie Sanders Is the Most Popular Politician in the Country, Poll Says | Mother Jones - 0 views

  • According to a new poll, Bernie Sanders is the most popular politician in America. The Harvard-Harris survey, published first in The Hill, found almost 60 percent of Americans view the Vermont senator favorably. Among certain demographics, the progressive politician's ratings are even higher: 80 percent of Democratic voters, 73 percent of registered black voters, and 68 percent of registered Hispanic voters view Sanders favorably. Massachusetts Sen. Elizabeth Warren also scored positively, with 38 percent approving of the liberal icon and only 32 percent disapproving. This isn't a marked change from prior polling. In late 2016, Sanders was also viewed as the lawmaker with the highest favorability ratings, earning  approval from more than 50 percent of the electorate.  The least popular political figure in America? Look to the White House, but not the Oval Office—though Donald Trump is 7 points underwater, 44/51. His beleaguered chief strategist, Steve Bannon, came in dead last in the survey. Only 16 percent give the former Breitbart publisher a thumbs-up, while a full 45 percent offer the opposite. "In losing to Hillary [Clinton], Bernie Sanders has floated above today's partisan politics while Bannon has, rightly or wrongly, taken the blame for the administration’s failures,” poll co-director Mark Penn from Harvard-Harris told The Hill. "Sanders is an asset to the Democrats while Bannon is a liability to the administration." Read the full findings of the poll here.
Paul Merrell

Young People Are Leaving the Republican Party in Droves, New Study Finds | Alternet - 0 views

  • It's bleak out there for Democrats and progressives, yet the future of the GOP may be more precarious than it appears.According to a new analysis from the Pew Research Center, 23 percent of Republican voters ages 18-29 have switched parties since 2015, against just 9 percent of Democratic voters in the same age range. As many as half of Republicans 30 and under have abandoned the party at one point or another during that time.
Paul Merrell

Study: Americans Dying From Preventable Causes At Shocking Rates - 0 views

  • Americans are dying at a shockingly high rate from preventable causes, found a first-of-its-kind global health study published late Thursday. The new research demonstrates that despite the fact that the U.S. has the largest economy in the world, healthcare for many of its residents is woefully inadequate. The U.S. was tied with Estonia and Montenegro, far below other wealthy nations such as Norway, Canada, and Australia, in the study’s ranking of 195 countries. “America’s ranking is an embarrassment, especially considering the U.S. spends more than $9,000 per person on health care annually, more than any other country,” said Dr. Christopher Murray, senior author of the study and director of the Institute for Health Metrics and Evaluation (IHME) at the University of Washington. “Anyone with a stake in the current healthcare debate, including elected officials at the federal, state, and local levels, should take a look at where the U.S. is falling short.”
  • Progressives have long pointed out that the U.S. is one of the only wealthy nations not to provide some form of government-mandated healthcare, exacerbating inequality in healthcare outcomes. The study published in the Lancet created a Healthcare Access and Quality (HAQ) Index, “a summary measure based on 32 causes, that in the presence of high-quality healthcare, should not result in death,” the researchers wrote. “Using deaths that could be avoided as a measure of the quality of a health system is not new but what makes this study so important is its scope, drawing on the vast data resources assembled by the Global Burden of Disease team to go beyond earlier work in rich countries to cover the entire world in great detail, as well as the development of a means to assess what a country should be able to achieve,” said Professor Martin McKee of the London School of Hygiene & Tropical Medicine, who participated in the study. Causes examined by the study include tuberculosis, diarrhea-related diseases, lower and upper respiratory infections, leukemia, breast cancer, Hodgkin’s lymphoma, measles, tetanus, appendicitis, epilepsy, diabetes, and others. “The United States measures well for diseases preventable by vaccines, such as diphtheria and measles, but it gets almost failing grades for nine other conditions that can lead to death,” reported the Washington Post. “These are lower respiratory infections, neonatal disorders, non-melanoma skin cancer, Hodgkin’s lymphoma, ischemic heart disease, hypertensive heart disease, diabetes, chronic kidney disease, and the adverse effects of medical treatment itself.” “What we have found about healthcare access and quality is disturbing,” said Dr. Murray. “Having a strong economy does not guarantee good healthcare. Having great medical technology doesn’t either. We know this because people are not getting the care that should be expected for diseases with established treatments.”
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