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Paul Merrell

"Thank God This Is Happening": Russia Says Time Has Come To Ditch The Dollar | Zero Hedge - 0 views

  • With the US unveiling a new set of sanctions against Russia on Friday, Moscow said it would definitely respond to Washington’s latest sanctions and, in particular, it is accelerating efforts to abandon the American currency in trade transactions, said Russia's Deputy Foreign Minister Sergei Ryabkov. "The time has come when we need to go from words to actions, and get rid of the dollar as a means of mutual settlements, and look for other alternatives," he said in an interview with International Affairs magazine, quoted by RT. "Thank God, this is happening, and we will speed up this work,” Ryabkov said, explaining the move would come in addition to other “retaliatory measures” as a response to a growing list of US sanctions. Previously, Russian Energy Minister Aleksandr Novak said that a growing number of countries are interested in replacing the dollar as a medium in global oil trades and other transactions. “There is a common understanding that we need to move towards the use of national currencies in our settlements. There is a need for this, as well as the wish of the parties,” Novak said.
  • According to the minister, it concerns both Turkey and Iran, with more countries likely to join the growing dedollarization wave. “We are considering an option of payment in national currencies with them. This requires certain adjustments in the financial, economic, and banking sectors” to accomplish. Last week, we reported that the Kremlin was interested in trading with Ankara using the Russian ruble and the Turkish lira. India has also vowed to pay for Iranian oil in rupees. Meanwhile, the world’s second-largest economy and Washington's trade war nemesis, China, has been taking steps to challenge the greenback's dominance with the launch of an oil futures contract backed by Chinese currency, the petro-yuan. China and Iran have already agreed to stop using the dollar in global trade as China has ramped up purchases of Iranian oil in defiance of US sanctions.
Paul Merrell

How America's Wars Fund Inequality at Home - LobeLog - 0 views

  • In the name of the fight against terrorism, the United States is currently waging “credit-card wars” in Afghanistan, Iraq, Syria, and elsewhere. Never before has this country relied so heavily on deficit spending to pay for its conflicts. The consequences are expected to be ruinous for the long-term fiscal health of the U.S., but they go far beyond the economic. Massive levels of war-related debt will have lasting repercussions of all sorts. One potentially devastating effect, a new study finds, will be more societal inequality. In other words, the staggering costs of the longest war in American history — almost 17 years running, since the invasion of Afghanistan in October 2001 — are being deferred to the future. In the process, the government is contributing to this country’s skyrocketing income inequality. Since 9/11, the U.S. has spent $5.6 trillion on its war on terror, according to the Costs of War Project, which I co-direct, at Brown University’s Watson Institute for International and Public Affairs. This is a far higher number than the Pentagon’s $1.5 trillion estimate, which only counts expenses for what are known as “overseas contingency operations,” or OCO — that is, a pot of supplemental money, outside the regular annual budget, dedicated to funding wartime operations. The $5.6 trillion figure, on the other hand, includes not just what the U.S. has spent on overseas military operations in Iraq, Afghanistan, Pakistan, and Syria, but also portions of Homeland Security spending related to counterterrorism on American soil, and future obligations to care for wounded or traumatized post-9/11 military veterans. The financial burden of the post-9/11 wars across the Greater Middle East — and still spreading, through Africa and other regions — is far larger than most Americans recognize.
Paul Merrell

Is the US preparing to stash 3,000 terrorists near the Ukrainian border? - OrientalReview.org - 0 views

  • After removing the extremist organization Mojahedin-e-Khalq (MEK) from its list of terrorist organizations in 2012, the US State Department has been unsuccessfully trying to move militants from this group out of Iraq and closer to sites that are being readied for future armed hostilities.
  • Washington seems to feel that Romania would be an auspicious location for 3,000 of these militants, specifically the city of Craiova, which is located near the Bulgarian border. Massoud Khodabandeh, who was previously a highly placed leader within the Mojahedin-e-Khalq, referred to the Bulgarian press in his claims that the issue of their resettlement was discussed during the meeting between the American secretary of state, John Kerry, and the Romanian foreign minister, Titus Corlatean, in Brussels in early December 2013. Early last year, Albania and Germany announced their willingness to accept a few hundred of the 3,000 fighters. However, the MEK insists that all the members of the group be resettled together in one area, something to which the governments of these countries have not been prepared to agree. Despite Hillary Clinton’s decision to the contrary, the MEK is still considered a terrorist organization in Iraq and Iran.  Iraq’s Shiite government, which rose to power after the US invasion in 2003, has an adversarial relationship with the members of the Mojahedin-e-Khalq and insists that any countries that provide the group with support also be willing to accept its members for resettlement within their own borders. At present, MEK militants are being housed at a former American military base near Baghdad, and their camp has more than once been the target of rocket attacks in recent months (the latest incident was on Dec. 27, 2013).  Mojahedin-e-Khalq militants blame the Iraqi authorities for the attacks, but the latter have denied any involvement.
  • The MEK is a militant organization that is waging an armed struggle against the Iranian regime.  The group has been responsible for the deaths of about 50,000 people, including the assassination of the president, prime minister, and dozens of senior Iranian officials.  After its relocation to Iraq in 1986, Saddam Hussein often received assistance from the organization’s members during the Iran-Iraq war and also employed them to suppress the Kurdish separatist movement. From the beginning of the US campaign against Saddam Hussein, the organization became a focus of interest of the American government.  In 1994 the State Department sent Congress a damning 41-page report conclusively proving the MEK’s status as a terrorist organization, and as a result, the group was included in the State Department’s 1997 list of terrorist organizations.  The report specifically stated, “It is no coincidence that the only government in the world that supports the Mujahedin politically and financially is the totalitarian regime of Saddam Hussein.” After the American military invasion in 2003, the group came under US control.  The MEK actively lobbied to be removed from the official list of terrorist organizations, and the US put its members to use as part of America’s clandestine commando operations against Iran. It has now emerged that the Bush administration secretly brought members of the MEK to the US for military training that included signals intelligence and other skills related to covert espionage.  Presumably the program ended just before the Obama administration took office.  Apparently, the MEK was then placed under the control of Mossad, which utilized it to kill Iranian nuclear scientists.  Thanks to an article by Justin Raimondo, the writer and founder of the Antiwar.com website, the group was dubbed “Hillary’s Terrorists.”
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  • It is obvious that the Mojahedin-e-Khalq is not a peaceful organization.  In fact, it would be better compared to the Taliban, Al-Qaeda, or Jubhat al-Nusrah, other groups which also enjoyed the tacit support of the United States until they became too unruly.  In addition, Syria, Iraq, and Afghanistan have still been unable to extricate themselves from the aftermath of the MEK’s activities within their borders. One can only guess at what awaits Romania should this army of 3,000 militants come calling at its door.  Harboring so many fighters so close to Ukraine, a country that has been afflicted with EuroMaidan fever for the past month and a half, could pave the way for any number of coercive scenarios for regime change.
Paul Merrell

DOD, HUD Defrauded Taxpayers Of $21 Trillion From 1998 To 2015 - 0 views

  • Last year, a Reuters article brought renewed scrutiny to the budgeting practices of the U.S. Department of Defense (DOD), specifically the U.S. Army, after it was revealed that the department  had “lost” $6.5 trillion in 2015 due to “wrongful budget adjustments.” Nearly half of that massive sum, $2.8 trillion, was lost in just one quarter. Reuters noted that the Army “lacked the receipts and invoices to support those numbers [the adjustments] or simply made them up” in order to “create an illusion that its books are balanced.” Officially, the DOD has acknowledged that its financial statements for 2015 were “materially misstated.” However, this was hardly the first time the department had been caught falsifying its accounting or the first time the department had mishandled massive sums of taxpayer money.
  • The report, which examined in great detail the budgets of both the DOD and the Department of Housing and Urban Development (HUD), found that between 1998 and 2015 these two departments alone lost over $21 trillion in taxpayer funds. The funds lost were a direct result of “unsupported journal voucher adjustments” made to the departments’ budgets. According to the Office of the Comptroller, “unsupported journal voucher adjustments” are defined as “summary-level accounting adjustments made when balances between systems cannot be reconciled. Often these journal vouchers are unsupported, meaning they lack supporting documentation to justify the adjustment [receipts, etc.] or are not tied to specific accounting transactions.” The report notes that, in both the private and public sectors, the presence of such adjustments is considered “a red flag” for potential fraud. The amount of money lost is truly staggering. As co-author Fitts noted in an interview with USA Watchdog, the amount unaccounted for over this 17 year period amounts to “$65,000 for every man, woman and child resident in America.” By comparison, the cost per taxpayer of all U.S. wars waged since 9/11 has been $7,500 per taxpayer. The sum is also enough to cover the entire U.S. national debt, which broke $20 trillion less than a month ago, and still have funds left over. What’s more, the actual amount of funds lost — measured at $21 trillion – is likely to be much higher, as the researchers were unable to recover data for every year over the period, meaning the assessment is incomplete.
Paul Merrell

Moon of Alabama - 0 views

  • Over the last year the U.S. bombed Jabhat al-Nusra personal and facilities in Syria some five or six times. The al-Qaeda subgroup also has a history of attacking U.S. paid "relative moderate" proxy forces in Syria. The Pentagon recently inserted another U.S. mercenary group into north Syria. This was accompanied by a media campaign in which the administration lauded itself for the operation. The newly inserted group is especially trained and equipped to direct U.S. air attacks like those that earlier hit al-Nusra fighters. Now that freshly inserted group was attacked by Jabhat al-Nusra. Some of its members were killed and others were abducted. The Obama administration is shocked, SHOCKED, ABSOLUTELY SHOCKED that Jabhat al-Nusra would do such a ghastly deed. "Why would they do that?" "Who could have known that they would attack U.S. proxy forces???"
  • There is no longer an Jihadist ISIS or ISIL in Syria and Iraq. The people leading that entity declared (pdf) today, at the highly symbolic beginning of Ramadan, themselves to be a new caliphate:
  • Could someone explain to the fucking dimwits in the Pentagon and the Obama administrations that people everywhere, and especially terrorists group, hate it when you bomb them and kill their leaders? That those people you bomb might want to take revenge against you and your proxies? That people you bombed will not like your targeting team moving in next door to them? That alQaeda is not an "ally"? These people are too pathetically clueless to even be embarrassed about it. The accumulated intelligence quotient of the administration and Pentagon officials running the anti-Syria operation must be below three digits. But aside from their lack of basic intelligence the utter lack of simple "street smarts" is the real problem here. These people have no idea how life works outside of their beltway cages.
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  • On more thought from me on why the dimwits did not foresee that Nusra would attack. The White House insisted on calling a part of Nusra the "Khorasan group" and explained that it was only bombing this groups of alQaeda veterans now part of Nusra because the "Khorasan group" planning to hit in "western" countries. No expert nor anyone on the ground in Syria thought that this differentiation was meaningful. Nusra is alQaeda and so are all of its members. But the White House and Pentagon probably thought that Nusra would accept the artificial separation they themselves had made up. That Nusra would understand that it is seen as an "ally" and only the "Khorasan group" is seen as an enemy. If that was the line of thinking, and the situation seems to point to that, then these people have fallen for their own propaganda stunt. They probably believed that the "Khorasan group" was an accepted narrative because they were telling that tale to themselves. Poor idiots.
  • UPDATE: The one sane guy at the Council of Foreign relations, Micah Zenko, foresaw this debacle and wrote on March 2: [The U.S. trained mercenaries] will immediately be an attractive target for attacks by the Islamic State, Assad’s ground and air forces, and perhaps Nusra and other forces. Killing or taking prisoner fighters (or the families of those fighters) who were trained by the U.S. military will offer propaganda value, as well as leverage, to bargain for those prisoners’ release. He compared the whole operation to the 1961 CIA invasion of Cuba: Last September, the White House and Congress agreed to authorize and fund a train-and-equip project similar to the Bay of Pigs, but this time in the Middle East, without any discussion about phase two. The Syrian project resembles 1961 in two ways: What happens when the fighting starts is undecided, and the intended strategic objective is wholly implausible.
  • The attack on Friday was mounted by the Nusra Front, which is affiliated with Al Qaeda. It came a day after the Nusra Front captured two leaders and at least six fighters of Division 30, which supplied the first trainees to graduate from the Pentagon’s anti-Islamic State training program. In Washington, several current and former senior administration officials acknowledged that the attack and the abductions by the Nusra Front took American officials by surprise and amounted to a significant intelligence failure. While American military trainers had gone to great lengths to protect the initial group of trainees from attacks by Islamic State or Syrian Army forces, they did not anticipate an assault from the Nusra Front. In fact, officials said on Friday, they expected the Nusra Front to welcome Division 30 as an ally in its fight against the Islamic State....A senior Defense Department official acknowledged that the threat to the trainees and their Syrian recruiters had been misjudged, and said that officials were trying to understand why the Nusra Front had turned on the trainees. Like other Obama administration operations this one did not fail because of "intelligence failure" but because an utter lack of common sense.
  • U.S. media can no agree with itself if Russia is giving ISIS an airforce or if Russia pounds ISIS with the biggest bomber raid in decades. Such confusion occurs when propaganda fantasies collide with the observable reality. To bridge such divide requires some fudging. So when the U.S. claims to act against the finances of the Islamic State while not doing much, the U.S Public Broadcasting Service has to use footage of Russian airstrikes against the Islamic State while reporting claimed U.S. airstrike successes. The U.S. military recently claimed to have hit Islamic State oil tankers in Syria. This only after Putin embarrassed Obama at the G-20 meeting in Turkey. Putin showed satellite pictures of ridiculous long tanker lines waiting for days and weeks to load oil from the Islamic State without any U.S. interference.
  • The U.S. then claimed to have hit 116 oil tankers while the Russian air force claims to have hit 500. But there is an important difference between these claims. The Russians provided videos showing how their airstrikes hit at least two different very large oil tanker assemblies with hundreds of tankers in each. They also provided video of several hits on oil storage sites and refinery infrastructure. I have found no video of U.S. hits on Islamic State oil tanker assemblies. The U.S. PBS NewsHour did not find any either. In their TV report yesterday about Islamic State financing and the claimed U.S. hits on oil trucks they used the videos Russia provided without revealing the source. You can see the Russian videos played within an interview with a U.S. military spokesperson at 2:22 min.
  • The U.S. military spokesperson speaks on camera about U.S. airforce hits against the Islamic State. The video cuts to footage taken by Russian airplanes hitting oil tanks and then trucks. The voice-over while showing the Russian video with the Russians blowing up trucks says: "For the first time the U.S. is attacking oil delivery trucks." The video then cuts back to the U.S. military spokesperson. At no point is the Russian campaign mentioned or the source of the footage revealed. Any average viewer of the PBS report will assume that the black and white explosions of oil trucks and tanks are from of U.S. airstrikes filmed by U.S. air force planes. The U.S. military itself admitted that its strikes on IS oil infrastructure over the last year were "minimally effective". One wonders then how effective the claimed strike against 116 trucks really was. But unless we have U.S. video of such strikes and not copies of Russian strike video fraudulently passed off as U.S. strikes we will not know if those strikes happened at all.
  • The wannabe Sultan Erdogan did not get his will in Syria where he had planned to capture and annex Aleppo. The Russians prevented that. He now goes for his secondary target, Mosul in Iraq, which many Turks see as historic part of their country
  • Mosul, Iraq's second biggest city with about a million inhabitants, is currently occupied by the Islamic State. On Friday a column of some 1,200 Turkish soldiers with some 20 tanks and heavy artillery moved into a camp near Mosul. The camp was one of four small training areas where Turkey was training Kurds and some Sunni-Arab Iraqis to fight the Islamic State. The small camps in the northern Kurdish area have been there since the 1990s. They were first established to fight the PKK. Later their Turkish presence was justified as ceasefire monitors after an agreement ended the inner Kurdish war between the KDP forces loyal to the Barzani clan and the PUK forces of the Talabani clan. The bases were actually used to monitor movement of the PKK forces which fight for Kurdish independence in Turkey. The base near Mosul is new and it was claimed to be just a small weapons training base. But tanks and artillery have a very different quality than some basic AK-47 training. Turkey says it will increase the numbers in these camps to over 2000 soldiers.
  • Should Mosul be cleared of the Islamic State the Turkish heavy weapons will make it possible for Turkey to claim the city unless the Iraqi government will use all its power to fight that claim. Should the city stay in the hands of the Islamic State Turkey will make a deal with it and act as its protector. It will benefit from the oil around Mosul which will be transferred through north Iraq to Turkey and from there sold on the world markets. In short: This is an effort to seize Iraq's northern oil fields. That is the plan but it is a risky one. Turkey did not ask for permission to invade Iraq and did not inform the Iraqi government. The Turks claim that they were invited by the Kurds: Turkey will have a permanent military base in the Bashiqa region of Mosul as the Turkish forces in the region training the Peshmerga forces have been reinforced, Hürriyet reported. The deal regarding the base was signed between Kurdistan Regional Government (KRG) President Massoud Barzani and Turkish Foreign Minister Feridun Sinirlioğlu, during the latter’s visit to northern Iraq on Nov. 4. There are two problems with this. First: Massoud Barzani is no longer president of the KRG. His mandate ran out and the parliament refused to prolong it. Second: Mosul and its Bashiqa area are not part of the KRG. Barzani making a deal about it is like him making a deal about Paris.
  • The Iraqi government and all major Iraqi parties see the Turkish invasion as a hostile act against their country. Abadi demanded the immediate withdrawal of the Turkish forces but it is unlikely that Turkey will act on that. Some Iraqi politicians have called for the immediate dispatch of the Iraqi air force to bomb the Turks near Mosul. That would probably the best solution right now but the U.S. installed Premier Abadi is too timid to go for such strikes. The thinking in Baghdad is that Turkey can be kicked out after the Islamic State is defeated. But this thinking gives Turkey only more reason to keep the Islamic State alive and use it for its own purpose. The cancer should be routed now as it is still small. Barzani's Kurdistan is so broke that is has even confiscated foreign bank accounts to pay some bills. That may be the reason why Barzani agreed to the deal now. But the roots run deeper. Barzani is illegally selling oil that belongs to the Iraqi government to Turkey. The Barzani family occupies  not only the presidential office in the KRG but also the prime minister position and the local secret services. It is running the oil business and gets a big share of everything else. On the Turkish side the oil deal is handled within the family of President Erdogan. His son in law, now energy minister, had the exclusive right to transport the Kurdish oil through Turkey. Erdogan's son controls the shipping company that transports the oil over sea to the customer, most often Israel. The oil under the control of the Islamic State in Iraq passes the exactly same route. These are businesses that generate hundreds of millions per year.
  • It is unlikely that U.S., if it is not behinds Turkey new escapade, will do anything about it. The best Iraq could do now is to ask the Russians for their active military support. The Turks insisted on their sovereignty when they ambushed a Russian jet that brushed its border but had no intend of harming Turkey. Iraq should likewise insist on its sovereignty, ask Russia for help and immediately kick the Turks out. The longer it waits the bigger the risk that Turkey will eventually own Mosul.
  • Another fake news item currently circling is that Trump has given order to the military to create safe zones for Syria. The reality is still far from it: [H]is administration crafted a draft order that would direct the Pentagon and the State Department to submit plans for the safe zones within 90 days. The order hasn't yet been issued. The draft of the order, which will be endlessly revised, says that safe zones could be in Syria or in neighboring countries. The Pentagon has always argued against such zones in Syria and the plans it will submit, should such an order be issued at all, will reflect that. The safe zones in Syria ain't gonna happen
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    So the first group of U.S. trained "moderate" Syrian opposition fighters are an epic fail. Who'd of thunk? 
Paul Merrell

The CIA Democrats: Part one - World Socialist Web Site - 0 views

  • An extraordinary number of former intelligence and military operatives from the CIA, Pentagon, National Security Council and State Department are seeking nomination as Democratic candidates for Congress in the 2018 midterm elections. The potential influx of military-intelligence personnel into the legislature has no precedent in US political history. If the Democrats capture a majority in the House of Representatives on November 6, as widely predicted, candidates drawn from the military-intelligence apparatus will comprise as many as half of the new Democratic members of Congress. They will hold the balance of power in the lower chamber of Congress.
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    This can't be happenstance and uncoordinated. Having failed in a takeover of the Executive Branch via Russia-gate, the neoliberal right now aims to take over the House of Representatives.
Paul Merrell

The New Snowden? NSA Contractor Arrested Over Alleged Theft Of Classified Data - 0 views

  • A contractor working for the National Security Agency (NSA) was arrested by the FBI following his alleged theft of “state secrets.” More specifically, the contractor, Harold Thomas Martin, is charged with stealing highly classified source codes developed to covertly hack the networks of foreign governments, according to several senior law enforcement and intelligence officials. The Justice Department has said that these stolen materials were “critical to national security.” Martin was employed by Booz Allen Hamilton, the company responsible for most of the NSA’s most sensitive cyber-operations. Edward Snowden, the most well-known NSA whistleblower, also worked for Booz Allen Hamilton until he fled to Hong Kong in 2013 where he revealed a trove of documents exposing the massive scope of the NSA dragnet surveillance. That surveillance system was shown to have targeted untold numbers of innocent Americans. According to the New York Times, the theft “raises the embarrassing prospect” that an NSA insider managed to steal highly damaging secret information from the NSA for the second time in three years, not to mention the “Shadow Broker” hack this past August, which made classified NSA hacking tools available to the public.
  • Snowden himself took to Twitter to comment on the arrest. In a tweet, he said the news of Martin’s arrest “is huge” and asked, “Did the FBI secretly arrest the person behind the reports [that the] NSA sat on huge flaws in US products?” It is currently unknown if Martin was connected to those reports as well.
  • It also remains to be seen what Martin’s motivations were in removing classified data from the NSA. Though many suspect that he planned to follow in Snowden’s footsteps, the government will more likely argue that he had planned to commit espionage by selling state secrets to “adversaries.” According to the New York Times article on the arrest, Russia, China, Iran, and North Korea are named as examples of the “adversaries” who would have been targeted by the NSA codes that Martin is accused of stealing. However, Snowden revealed widespread US spying on foreign governments including several US allies such as France and Germany. This suggests that the stolen “source codes” were likely utilized on a much broader scale.
Paul Merrell

A Snapshot of a Multipolar World in Action « LobeLog - 0 views

  • In the strangest election year in recent American history — one in which the Libertarian Party’s Gary Johnson couldn’t even conjure up the name of a foreign leader he “admired” while Donald Trump remained intent on building his “fat, beautiful wall” and “taking” Iraq oil — the world may be out of focus for many Americans right now.  So a little introduction to the planet we actually inhabit is in order.  Welcome to a multipolar world.  One fact stands out: Earth is no longer the property of the globe’s “sole superpower.” If you want proof, you can start by checking out Moscow’s recent role in reshaping the civil war in Syria and frustrating Washington’s agenda to overthrow President Bashar al-Assad.  And that’s just one of a number of developments that highlight America’s diminishing power globally in both the military and the diplomatic arenas.  On a peaceable note, consider the way China has successfully launched the Asian Infrastructure Investment Bank as a rival to the World Bank, not to speak of its implementation of a plan to link numerous countries in Asia and Europe to China in a vast multinational transportation and pipeline network it grandly calls the One Belt and One Road system, or the New Silk Road project.  In such developments, one can see ways in which the previously overwhelming economic power of the U.S. is gradually being challenged and curtailed internationally.
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    Yes. We have an empire in decline. Isn't it about time that our politicians address that reality rather than exchanging barbs about "making America great again" or "America is still great?" The western economic system needs a rework to accommodate the reality that western economies will not continually expand and will instead contract. We need to address the reality that there are no longer enough living wage jobs; is it time to recognize that we don't need for everyone to work and flip to an economic model where the rich subsidize the poor instead of vice versa? And it's past time to recognize that the Cold War is over, downsize the military drastically, and refocus our military on defense rather than projection of power. We have enough nukes to melt down the entire planet; why do we need a large military force to defend the Homeland? No conventional force would dare invade while we still have the nukes. Defense could probably be handled with two ground divisions, one for the continental U.S. and the other dispersed among Hawaii, Alaska, and U.S. territories. Get rid of the aircraft carrier groups; they've been obsoleted by Russia's advanced hypersonic carrier killer missiles, which it has shared with China and looks to be soon sharing with India. Maybe it's time for a new Diigo group, "The Empire in Decline?"
Paul Merrell

Richest One Percent Bagged 82 Percent of Global Wealth - Poorest Half of Humanity Got Nothing | Global Research - Centre for Research on Globalization - 0 views

  • Eighty two percent of the wealth generated last year went to the richest one percent of the global population, while the 3.7 billion people who make up the poorest half of the world saw no increase in their wealth, according to a new Oxfam report released today.  The report is being launched as political and business elites gather for the World Economic Forum in Davos, Switzerland. ‘Reward Work, Not Wealth’ reveals how the global economy enables a wealthy elite to accumulate vast fortunes while hundreds of millions of people are struggling to survive on poverty pay. Billionaire wealth has risen by an annual average of 13 percent since 2010 – six times faster than the wages of ordinary workers, which have risen by a yearly average of just 2 percent. The number of billionaires rose at an unprecedented rate of one every two days between March 2016 and March 2017. It takes just four days for a CEO from one of the top five global fashion brands to earn what a Bangladeshi garment worker will earn in her lifetime. In the US, it takes slightly over one working day for a CEO to earn what an ordinary worker makes in a year. It would cost $2.2 billion a year to increase the wages of all 2.5 million Vietnamese garment workers to a living wage. This is about a third of the amount paid out to wealthy shareholders by the top 5 companies in the garment sector in 2016.
Paul Merrell

Iraqi parliament votes to kick out US troops | World | The Times - 0 views

  • The Iraqi parliament has demanded that its government sets a deadline for the withdrawal of foreign troops, piling pressure on the prime minister, Haider al-Abadi, who is seeking re-election in May. There are believed to be more than 5,000 US soldiers stationed in Iraq to fight Islamic State. American troops make up the largest foreign presence, although Washington formed a 74-country coalition to help fight Isis. The US has been reluctant to significantly reduce those numbers. Mr Abadi declared victory over Isis in December but pockets of militants still operate in the north of the country. The parliament voted yesterday to set a timetable for the withdrawal of foreign forces.
Paul Merrell

Iraqi troops run into Islamic State chemicals reservoir in Mosul - Iraqi News - 0 views

  • Mosul (IraqiNews.com) Iraqi government forces seized on Thursday a cache of chemical substances belonging to Islamic State militants in central Mosul, the police service said. Federal Police chief, Lt. Gen. Shaker Jawdat, said in a statement that the reservoir, found in Mekkawi street in Mosul’s Old City, included c4 and ammonia among other substances. Iraqi government forces regained control over the city of Mosul early July after a nine-month campaign seeking to bring down the self-styled “caliphate” declared by the militants from  Mosul’s Old City in 2014. Occasional reports had told of attacks by IS against civilians and security forces in which militants used improvised chemical weapons since an inventory of chemical arms was discovered by Iraqi forces inside laboratories of Mosul University in the eastern side of Mosul, which government troops took over from IS in January. Security personnel had seized a number of chemical stashes belonging to the extremist group during and after the end of the military campaign.The United Nations had previously confirmed cases of civilians being treated for symptoms of what seemed to be chemical agents.
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

A New Flotilla Sets Sail To Break the Blockade on Gaza - 0 views

  • Islands Brygge, an idyllic harbor park that stretches along the east bank of Copenhagen, was alive with a celebratory crowd on Monday as three ships were about to steam towards Gaza. The 2018 Freedom Flotilla—two ships from Sweden and one from Norway — will call at ports in Germany, Holland, Belgium, France, Spain, Portugal and Italy before traveling through the Mediterranean Sea to its final destination: Gaza harbor. Volunteer boat guides explained the history and mission of the Gaza Flotilla movement, which has organized a number of journeys to demonstrate solidarity with the people of Gaza and break the illegal economic siege.
  • Reaching the harbor of Gaza (which means “jewel” in Arabic) should be as simple and straightforward as entering any harbor in Germany, France or Spain. But instead, Israel has denied Gazans use of their own harbor for commerce, trade and travel, and has bombed it on numerous occasions, along with their electric power plants and sewage systems, making life miserable for the local population and rendering 97 percent of the drinking water toxic.
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    The last Freedom Flotilla was hijacked by Israel in international waters, leaving 9 Flotilla members dead and over 50 injured.
Paul Merrell

Russian MoD: Missiles Shown By MH17 Investigators Were Decommissioned After 2011 - Sputnik International - 0 views

  • According to the Russian Defense Ministry, it's analyzing videos provided by Dutch investigators on the MH17 downing."The Russian Defense Ministry is analyzing video materials presented on May 24 at a press conference of the Dutch Joint Investigation Team, which is engaged in the investigation of the passenger Boeing's crash in the Ukrainian skies in 2014," the ministry said. All missiles, whose engines were demonstrated by the Dutch team, were disposed of after 2011. "After 25 years of operation, all missiles of the Buk systems are subject to decommissioning and disposal, and further use of these products… poses a direct threat to the life of servicemen. The maximum lifetime of the missile, the engine from which was demonstrated by the Dutch commission last Thursday was 2011 (1986 + 25), after which all the missiles produced that year were seized, decommissioned and sent for disposal," the ministry said. No new anti-aircraft missiles were supplied to Ukraine, which has about 20 battalions of BUK missiles systems since 1991, the ministry said, adding that a special number of the missile allegedly used to down the aircraft shows that it was produced in the Soviet Union in 1986.
  • The ministry further says that the Dutch commission has hushed up information about where and when the engine of the Buk missile was found, as well as about those who handed it over to the investigators. The ministry noted that the Dutch-led Joint Investigation Team (JIT) used the remained casing of a Buk missile engine, which was showcased during Thursday's press conference, as one of the proofs of the Russian armed forces' alleged involvement in the tragedy. "However, the speakers preferred not to mention when and where the engine was found, who handed this item to the investigative commission," the ministry's statement read. The document stressed that the Dutch investigators could have glossed over the source of origin of the missile engine because it could belong to Ukraine's armed forces. "The only reason for the deliberate silencing of the source of origin of the showcased rocket engine, produced in 1986, by the Dutch investigative commission is that it probably belongs to the Ukrainian armed forces," the statement read.
Paul Merrell

One of the World's Safest Places for Banking Is Rocked by Scandals - WSJ - 0 views

  • Commonwealth Bank of Australia ’s oversight of money transfers from that account to Lebanon last year was among many failures cited by the Australian federal government’s financial intelligence agency in its nearly US$530 million fine of the bank on Monday. If approved, the fine—meant to settle a lawsuit brought by the agency and founded on breaches of the country’s Anti-Money Laundering and Counter-Terrorism Act—would be the largest corporate civil penalty ever paid in Australia. Australia’s banks have long held a reputation for being among the world’s safest for investors. But a series of scandals over the past year has rocked the country’s top financial institutions. Commonwealth Bank has seen separate penalties for conduct in alleged interest-rate rigging and bad governance. On Friday, Australia & New Zealand Banking Group Ltd. said it would defend against criminal prosecution for alleged cartel conduct in a 2015 capital raising. A public inquiry into the sector, launched last autumn by Prime Minister Malcolm Turnbull, has heard accusations against Australia’s leading financial firms of inappropriate lending, collecting fees from dead customers for financial advice and lying to regulators. The tribunal has already claimed several big scalps. Beginning in late April, the chief executive, chairman and several board members at Australia’s largest wealth management company, AMP Ltd. , resigned after the company admitted it had misled regulators and been slow to compensate customers for fees charged for financial advice it didn’t deliver.
  • Disoriented investors now fear tighter regulation of a sector that has reliably returned a run of record annual underlying profits and solid dividends. The government has already beefed up penalties for corporate wrongdoing, including prison time, and strengthened the corporate regulator’s investigative powers. Commonwealth Bank shares recently tumbled to 5-year lows.
  • Those mistakes included not assessing the inherent risk of so-called intelligent deposit machines before mid-2015. Commonwealth Bank also didn’t limit the number of times that customers could deposit money each day, or create reports on thousands of deposits of A$10,000 (US$7,569) or more at the machines. These flaws created an architecture that money launderers could exploit, the financial-intelligence agency said.
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  • ANZ last month said it would scrap sales-based bonuses for financial planners while paying compensation in about 9,000 cases where it had provided inappropriate advice. And the banking industry has agreed to binding changes around conduct, including tightened background checks for employees and improved transparency around fees.
Paul Merrell

WIN/Gallup International's global survey shows three in five willing to fight for their country - 0 views

  • A global survey from WIN/Gallup International, the world’s leading association in market research and polling shows that 61% of those polled across 64 countries would be willing to fight for their country, while 27% would not.   However, there are significant differences by region.  Willingness to fight is highest in the M.E.N.A. region (83%) while it is lowest in Western Europe (25%).  A history of those countries in recent conflict provides an interesting comparison.  The Japanese (11%) are the least likely of 64 countries polled to be willing to fight for their country.  Results from Germany are very similar – 13% willing to fight.  By comparison these numbers more than double in the UK (27%) and France (29%).
Paul Merrell

Newly Declassified CIA Report Exposes Over 25 Years Of U.S. Plans To Destabilize Syria - 0 views

  • While the nearly seven-year-long sectarian “civil war” in Syria is widely believed to have started in 2011, revelations in recent years have shown that the sectarian war that has sunk Syria into chaos actually precedes the “official” start of the conflict.
  • While the nearly seven-year-long sectarian “civil war” in Syria is widely believed to have started in 2011, revelations in recent years have shown that the sectarian war that has sunk Syria into chaos actually precedes the “official” start of the conflict. In 2010, Wikileaks published hundreds of thousands of classified State Department cables, including a 2006 cable showing that destabilizing the Syrian government was a primary goal of U.S. policy in the Middle East. The ultimate intention was to topple Iran, one of Syria’s closest allies. The cable revealed that the U.S.’ goal at the time was to undermine the Syrian government by any means available. In addition, retired United States Army General Wesley Clark’s bombshell interview with Democracy Now exposed the existence of plans for regime change in Syria that date as far back as 2001. Now, a newly declassified document from the Central Intelligence Agency has shown that these regime change efforts date back even further to the late 1980s – and potentially even earlier.
  • The declassified document was written in July, 1986 by the Foreign Subversion and Instability Center, a part of the CIA’s Mission Center for Global Issues, and is titled “Syria: Scenarios of Dramatic Political Change.” As the document itself states, its purpose is to analyze – in a “purposely provocative” manner – “a number of possible scenarios that could lead to the ouster of President Assad [Bashar al-Assad’s father, Hafez] or other dramatic change in Syria.” The report’s meager distribution list suggest it was considered by top officials in the Reagan administration, specifically because it was distributed to national security chiefs, not entire agencies. It was also distributed to a handful of key players in U.S.-Syria relations, such as former Ambassador to Syria William Eagleton. Though the document itself officially predates the current Syrian conflict by nearly 25 years, much of its analysis brings to mind recent events in Syria, particularly those that led to the outbreak of war in 2011. Chief among these is the rise of factionalism between Sunni Muslim elements against the ruling Alawi minority (a Shi’ite sect), as well as the potential to counter Russian influence in Syria and elsewhere in the Middle East. These similarities suggest that U.S. regime change efforts in Syria date back to well over 30 years ago – proof of the persistent imperialist elements that consistently guide U.S. foreign policy.
Paul Merrell

U.S. deploys troops along Turkish - Syrian border as buffer between Kurds and Turkey - nsnbc international | nsnbc international - 0 views

  • The United States is deploying armored vehicles and a small number of troops along the Syrian – Turkish border after recent airstrikes killed about 20 Syrian – Kurdish fighters of the People’s Protection Unit (YPG). The YPG is a key member organization of the U.S. backed Syrian Democratic Forces (SDF).
  • The troops and armored vehicles were deployed on Friday amidst increased tensions between the YPG and Turkey, as well as increased tensions between Turkey and Turkey’s Kurdistan Worker’s Party (PKK). Footage posted by Syrian activists online showed a convoy of U.S. armored vehicles driving on a rural road in the village of Darbasiyah in the Kurdish region of northern Syria, a few hundred meters from the Turkish border. Clashes in the area were reported Wednesday a day after the Turkish airstrike which also destroyed a Kurdish command headquarters. The YPG reported that a series of air strikes and attacks between April 25 and April 28 resulted in the death of at least 20 of their fighters. Both Russia, Syria and the United States expressed grave concerns about Turkey’s military actions against the YPG. All three stressed that Turkey should rather focus on fighting the self-proclaimed Islamic State (ISIS, ISIL, Daesh). The Turkish AKP government, for its part, considers the YPG as a terrorist organization on par and allied with the PKK. Moreover, Turkey strongly opposes the creation of a Kurdish state construct or a federal, predominantly Kurdish construct in northern Syria, fearing it would strengthen the PKK. Turkey is therefore counting on its cooperation with Islamist insurgents, often with links to Al-Qaeda affiliates, under the euphemism Free Syrian Army (FSA).
  • Pentagon Spokesman, U.S. Navy Capt. Jeff Davis, did not dispute that U.S. troops are operating with elements of the Syrian Democratic Forces (SDF) along the Turkish border, but he would not get into specifics. The SDF is a Kurdish-dominated alliance fighting IS that includes Kurdish and Arab fighters as well as fighters from other local ethnic and other militia. Deserted Free Syrian Army officers and fighters are also part of the SDF. Davis commented “We have U.S. forces that are there throughout the entirety of northern Syria that operate with our Syrian Democratic Force partners,” Davis said. “The border is among the areas where they operate.” He said the U.S. wants the SDF to focus on liberating the IS-held town of Tabqa and the extremist group’s de facto capital, Raqqa, “and not be drawn into conflicts elsewhere.” In March 2016, about 200 Marines were deployed to Syrian Kurdistan backed with howitzers, significantly widening the U.S. support for the SDF, especially in the highly complex battlefield around Raqqa.
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  • The United States and Turkey have been openly at loggerheads over the Democratic Union Party (PYD) and its military wings, the YPG, and the all-female YPJ since October 2016. The government of the Syrian Arab Republic recognizes the YPG and SDF for their roles in fighting ISIS. Syrian President Bashar al-Assad, earlier this year, also recognized the United States role in supporting the YPG and SDF. In mid-April 2017, Syrian President Bashar Al-Assad said the Syrian government supports and will cooperate with anyone who liberates the city of Raqqa from the self-proclaimed Islamic State, the United States included. Assad stressed however, that help in fighting terrorism must not be confused with an attempt by the U.S. to occupy the country.
Paul Merrell

Senator Aims to End Phone Searches at Airports and Borders | Mother Jones - 0 views

  • More than a month after Sen. Ron Wyden (D-Ore.) requested information about US Customs and Border Protection's practice of searching cell phones at US borders and airports, he's still waiting for answers—but he's not waiting to introduce legislation to end the practice. "It's very concerning that [the Department of Homeland Security] hasn't managed to answer my questions about the number of digital searches at the border, five weeks after I requested that basic information," Wyden, a leading congressional advocate for civil liberties and privacy, told Mother Jones on Tuesday through a spokesman. "If CBP were to undertake a system of indiscriminate digital searches, that would distract CBP from its core mission, dragging time and attention away from catching the bad guys." Wyden's request to DHS and CBP came on the heels of a February 18 report from the Associated Press of a "fivefold increase" in electronic media searches in fiscal year 2016 over the previous year, from fewer than 5,000 to nearly 24,000. It also followed Homeland Security Secretary John Kelly's suggestion that visitors from a select group of countries, mainly Muslim, might be required to hand over passwords to their social media accounts as a condition of entry. (That comment came a week after President Donald Trump first unveiled his executive order⁠ banning travel from seven majority-Muslim countries.) The Knight First Amendment Institute, which advocates for freedom of speech, sued DHS on Monday for records relating to the seizure of electronic devices at border checkpoints. Wyden requested similar data on CBP device searches and demands for travelers' passwords. "There are well-established legal rules governing how law enforcement agencies may obtain data from social media companies and email providers," Wyden wrote in the February 20 letter to DHS and CBP. "By requesting a traveler's credentials and then directly accessing their data, CBP would be short-circuiting the vital checks and balances that exist in our current system." The senator wrote that the searches not only violate civil liberties but could reduce international business travel or force companies to outfit employees with "burner" laptops and mobile devices, "which some firms already use when employees visit nations like China."
  • "Folks are going to be less likely to travel freely to the US with the devices they need if they don't feel their sensitive business information is going to be safe at the border," Wyden said Tuesday, noting that CBP can copy the information it views on a device. "Then they can store that information and search it without a warrant." Wyden will soon introduce legislation to force law enforcement to obtain warrants before searching devices at the border. His bill would also prevent CBP from compelling travelers to reveal passwords to their accounts. A DHS spokesman said in a statement that "all travelers arriving to the US are subject to CBP inspection," which includes inspection of any electronic devices they may be carrying. Access to these devices, the spokesman said, helps CBP agents ascertain the identity and admissibility of people from other countries and "deter the entry of possible terrorists, terrorist weapons, controlled substances," and other prohibited items. "CBP electronic media searches," the spokesman said, "have resulted in arrests for child pornography, evidence helpful in combating terrorist activity, violations of export controls, convictions for intellectual property rights violations, and visa fraud discoveries." In a March 27 USA Today op-ed, Joseph B. Maher, DHS acting general counsel, compared device searches to searching luggage. "Just as Customs is charged with inspecting luggage, vehicles and cargo containers upon arrival to the USA, there are circumstances in this digital age when we must inspect an electronic device for violations of the law," Maher wrote.
  • But in a unanimous 2014 ruling, the Supreme Court found that police need warrants to search cell phones. Chief Justice John Roberts wrote in the opinion that cell phones are "such a pervasive and insistent part of daily life that the proverbial visitor from Mars might conclude they were an important feature of human anatomy." In response to a Justice Department argument that cell phones were akin to wallets, purses, and address books, Roberts wrote: "That is like saying a ride on horseback is materially indistinguishable from a flight to the moon." The law, however, applies differently at the border because of the "border search doctrine," which has traditionally given law enforcement wider latitude under the Fourth Amendment to perform searches at borders and international airports. CBP says it keeps tight controls on its searches and is sensitive to personal privacy. Wyden isn't convinced. "Given Trump's worrying track record so far, and the ease with which CBP could change its guidelines, it's important we create common-sense statutory protections for Americans' liberty and security," he says.
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  • Sophia Cope, a staff attorney with the Electronic Frontier Foundation who has written extensively about searches of electronic devices, says that searches of mobile devices appear to be on the rise. "They realized that people are carrying these devices with them all the time, it's just another thing for them to search," she says. "But also it does seem that after the executive order that they've been emboldened to do this even more." Wyden says that the data collection creates an opportunity for hackers. "Given how frequently hackers have stolen government information," he says, "I think a lot of Americans would be worried to know their whole lives could be sitting in a government database that's got a huge bull's-eye on it for hackers."
Paul Merrell

After "Liberation," U.S. To Give Control Of Raqqa To Rebels, Not Syrian Government - 0 views

  • On Tuesday, the U.S.-allied militias that have been encircling Raqqa – the de facto stronghold of Daesh – announced that they had formed a “civilian council” to govern Raqqa after its capture from Daesh militants. The Syrian Democratic Forces (SDF), a U.S.-backed militia that comprises a large number of Syrian Kurds, claim to have spent six months setting up the council, with a preparatory committee having met “with the people and important tribal figures of Raqqa city to find out their opinions on how to govern it,” Middle East Eye reported. SDF spokesman Talal Selo stated that some towns near Raqqa had already been turned over to the council following a successful operation to drive out Daesh forces. The U.S. military had previously hinted that power would be given to rebel groups following Raqqa’s “liberation” when the head of U.S. Central Command General Joseph Votel told the Senate in early March that military officials anticipated “that America’s allies will need assistance preventing their [Daesh’s] return and establishing Syrian-led peacekeeping efforts” after a successful operation. Considering that the Syrian government is far from being one of “America’s allies,” Votel’s statement implied that the U.S.-backed militias would be given control of Raqqa and the surrounding area, despite the implications this would have for Syrian sovereignty and further destabilization in the war-torn country. As MintPress previously reported, Votel also told senators that “conventional U.S. forces would be required to stabilize the region once ISIS fighters are flushed from Raqqa,” meaning that the current U.S. troop build-up around Raqqa is by no means a temporary deployment, but rather the foundation for creating a standing army.
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