FEB 17 SIT EC y POL
PRESSTV
US
media behind ‘worsening’ Islamophobia. Wed Feb 18, 2015 The biased media
and political environment in the United States are largely responsible for the
“worsening” Islamophobia.
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Canada
imposes sanctions on Russia. Wed Feb 18, 2015 Canada imposes new
sanctions against more than 50 Russians and pro-Russians over the crisis in
Ukraine.
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West
supplying Kiev with arms: Putin. Wed Feb 18, 2015 Russian President
Vladimir Putin says Ukrainian forces are being armed by Western countries.
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‘Syria
keen to halt Aleppo strikes’Wed Feb 18, 2015 Syria is willingness to
suspend the military strikes against Aleppo to allow for a ceasefire, a top UN
official says.
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'Bailout
to bring recession for Greece’. Wed Feb 18, 2015 An independent
researcher says the current bailout program will bring eternal recession for
Greece.
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CIA
whistleblower slams torture program. Wed Feb 18, 2015 An ex-CIA officer
says he has served time in jail for exposing the US spy agency's illegal
torture program.
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Ex-US
aide urges law on Iran war. Wed Feb 18, 2015 A former US presidential
aide urges a law mandating military action against Iran if it violates a final
nuclear deal.
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ISIL
trafficking human organs: Iraq. Wed Feb 18, 2015 The Iraqi envoy to the
UN says the country has evidence of possible organ trafficking by the ISIL
Takfiri terrorists.
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Political
solution urged for Libya crisis. Wed Feb 18, 2015 The United States,
Britain, France, Germany, Italy, and Spain urge a political solution to the
crisis in Libya.
---- ‘Israel benefiting from ISIL crimes’. Tue Feb 17, 2015 An analyst says Israel is benefiting from crimes committed by the ISIL Takfiri terrorists.
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‘US,
Turkey agree to train militants’ . Tue Feb 17, 2015 The United States
and Turkey have finalized talks on the training and arming of the so-called
moderate militants fighting in Syria, a report says.
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Oil
prices to recover partially: IEA. Tue Feb 17, 2015 The IEA says in its
five-year forecast that global oil prices would recover only partially from
their current $50-$60 a barrel range.
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Obama
to disclose Saudi link to 9/11?. Tue Feb 17, 2015 US President Obama is
coming under pressure from lawmakers to declassify 28 pages of a report showing
Saudi link to the 9/11.
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UN
decries ISIL killing of 21 Egyptians. Tue Feb 17, 2015 The UN human
rights chief slams the “brutal” mass execution of 21 Egyptian Christians by the
ISIL Takfiri militants in Libya.
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Russia
to sign 2nd gas deal with China. Tue Feb 17, 2015 Russia hopes to sign
a second deal for gas supply to China in coming months.
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‘US
to counter ISIL propaganda war’ . Tue Feb 17, 2015 The US
administration is planning to boost its efforts to counter ISIL’s effective
propaganda machine, a report says.
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‘E
Ukraine death toll nears 5,700’ Tue Feb 17, 2015 The UN says about
5,700 people have died in east Ukraine’s conflict since April 2014.
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‘Anti-ISIL
coalition not working’ Tue Feb 17, 2015 An Iranian official says the
so-called international coalition against ISIL in Iraq is ineffective.
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Stocks
dip after EU-Greece talks fail Tue Feb 17, 2015 The euro and stock
markets plunge after debt talks between Greece and its European creditors
collapse.
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Pro-Russians
‘capture’ Debaltseve. Tue Feb 17, 2015 Pro-Russia forces say they have
captured most parts of the strategic city of Debaltseve in eastern Ukraine.
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Palestinian
prisoners plan hunger strike Tue Feb 17, 2015 Palestinians in Israeli
jails plan a hunger strike to protest their illegal and arbitrary detention.
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Oil
price plunge political plot: Iran VP Tue Feb 17, 2015 Iran’s first vice
president says the reductions in oil prices are a political plot against
independent countries.
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Al-Nusra
attacks FSA in Syria's Idlib. Tue Feb 17, 2015 Al-Nusra Front militants
clash with the so-called Free Syrian Army (FSA) in a village in the
northwestern province of Idlib.
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Judge
halts Obama’s immigration plan Tue Feb 17, 2015 The Obama
administration would not be able to proceed with its executive actions on
immigration temporarily, a judge ruled.
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'France
should see Crimea as Russian' Tue Feb 17, 2015 The leader of the French
National Front Party calls on Paris to recognize Crimea as Russian territory.
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Egypt
urges UN mandate over Libya. Tue Feb 17, 2015 Egypt’s Sisi pushes for
international military intervention in Libya.
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Afghan
army begins anti-Taliban raid. Tue Feb 17, 2015 The Afghan army
launches a major offensive against Taliban militants in the southern province
of Helmand.
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’60
Ukrainian troops killed in east’. Tue Feb 17, 2015 A Donetsk official
says 60 Ukrainian troops have been killed in clashes with pro-Russians on the
second day of a new ceasefire.
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Syrian
army gains ground in Aleppo. Tue Feb 17, 2015 The Syrian army captures
several villages north of Aleppo from foreign-backed militants.
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Envoy
to brief UN on Syria ‘freeze’ plan. Tue Feb 17, 2015 The UN's special
envoy for Syria is to brief the Security Council about his “freeze” plan aimed
at ending the conflict in the country.
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‘EU
monitors access agreed for Ukraine’. Tue Feb 17, 2015 The leaders of
Russia, Germany and Ukraine agree to allow OSCE observers to monitor Ukraine’s
situation.
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'Russia
likely target of oil price slump'. Tue Feb 17, 2015 The fall in oil
prices may have been aimed at weakening the Russian economy, a top Russian
official says.
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Euro
weakens in Asian markets. Tue Feb 17, 2015 The euro weakens further in
Asia after talks between Greece and its creditors fell through.
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SPUTNIK
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RT
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FUTURE FAS FORWARD –FFF
FUTURE FAS FORWARD –FFF
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REBELION
Grecia desde Argentina. Claudio Katz
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El efecto Syriza. Christophe Ventura
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CADTM.org
OUR TIME TO ACT HAS COME!
by Blockupy Frankfurt . 17 February . 2015 began
with something unheard of. The people in Greece stood up against all threats
from Europe and elected a new left government. This, after 5 years of ruining
the country of Greece, where the people lived in constant struggle against the
humanitarian crisis and social destruction. http://cadtm.org/English
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Failed Discipline, Failed Reforms And Grexit: Why The Euro Failed. Submitted by Tyler Durden on 02/17/2015. It's not that difficult to understand why the euro is doomed to fail. Given its structure, there is no other possible outcome but failure. Greece's exit (Grexit) will simply be the first manifestation of the inevitable structural failure of the euro. To understand why this is so, we have to start with two forms of discipline: the market and the state.
ZERO HEDGE
Creepy,
Calculating & Controlling: All the Ways Big Brother Is Watching You.
Submitted by Tyler Durden on 02/17/2015. None of us are
perfect. All of us bend the rules occasionally. Indeed, there was a time
when most Americans thought nothing of driving a few miles over the speed
limit, pausing (rather than coming to a full stop) at a red light when making a
right-hand turn if no one was around, or jaywalking across the street. My, how
times have changed. Today, there’s little room for indiscretions,
imperfections, or acts of independence. In such an environment, you’re
either a paragon of virtue, or you’re a criminal. If you haven’t figured it out
yet, we’re all criminals. This is the creepy, calculating yet diabolical
genius of the American police state: the very technology we hailed as
revolutionary and liberating has become our prison, jailer, probation officer,
Big Brother and Father Knows Best all rolled into one.
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Apocalypse
How? Scientists Unveil 12 Risks That Threaten Human Existence. Submitted
by Tyler Durden on 02/17/2015. From 'Armageddon' to
'Day After Tomorrow' to 'Independence Day', many have speculated as to the
eventual demise of human life on the planet but - according to Dennis
Pamlin of the Global Challenges Foundation, no scientists had
"compiled a list of global risks with impacts that, for all practical
purposes, can be called infinite,” until now. The following list of 12
possible ways that human civilization might end - ranked from least to most
likely, come with a warning, "we don’t want to be accused of
scaremongering but we want to get policy makers talking." We
suspect Paul Krugman will be happy at the economic growth potential...
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What
Russians Think Of Western Sanctions. Submitted by Tyler
Durden on 02/17/2015. Parsing the Russian media (corporate and social)
illustrates the stunningly different way the issue of western sanctions is
discussed. As we show below, there are six notable factors that leave an
entirely unavoidable conclusion: western sanctions have exactly zero chance
of achieving any change at all in Russian foreign policy and exactly zero
chance of weakening the current regime. In fact perhaps the opposite.
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State
Dept: "We Can't Beat ISIS By Killing Them..." They Need Jobs.
Submitted by Tyler Durden on 02/17/2015. State Department
spokesperson Marie Harf explains to no lesser pillar of unbiased reporting than
Chris Matthews that - as opposed to President Obama's 'bomb them into oblivion'
perspective, "we can't kill our way out of this war [with ISIS]...
we must address the root causes - like joblessness." Even Matthews
is stunned at this perspective, exclaiming "we're never going to chieve
that in 50 lifetimes, there'll always be poor muslims." But, as the
administration appears to be suggesting, even every radical muslim deserves
$10.25 an hour to work at Baghdad McDonalds...
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Obama
To Allow "Moderate" Syrian Rebels Call In B-1B Bombers For Air Support.
Submitted by Tyler Durden on 02/17/2015 While Obama
desperately tries to stick to his now crushed "Nobel peace prize winner"
image, by not succumbing to an all-out land war in the one nation where his
progressive "pacifism" brought him fame (and according to some, the
presidency), namely Iraq, the rest of militant, "interventionist" US
foreign policy is rapidly starting to resemble that waged by the most brutally
rabid, neo-con Republican leader. Case in point an absolute stunner reported minutes
ago by the WSJ, according to which the White House has decided to provide
pickup trucks equipped with mounted machine guns and radios for calling in
U.S. airstrikes to some moderate Syrian rebels aided by American B-1B bombers!
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Stockman
To Obama: Butt Out Of The Greek Crisis - You've Dispensed Enough Keynesian
Poison At Home Submitted by Tyler
Durden on 02/17/2015. Our clueless President observed, "You cannot
keep on squeezing countries that are in the midst of depression. At some point
there has to be a growth strategy in order for them to pay off their
debts..." No, paying off their debts is exactly the wrong medicine.
You do not kick the can and extend and pretend that Greece can service its
crushing debt. Instead, you permit it to default, and then to rebuild it’s
economy and credit the old fashioned way. In any event, its a problem for
the Europeans and the Greeks to resolve. Obama should stop sending Keynesian
witch doctors to spread more policy poison around Europe.
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"Optimistic"
Putin Says US Already Supplying Arms To Ukraine. Submitted by Tyler
Durden on 02/17/2015. Vladimir Putin says he is "more optimist than
pessimist" on Ukraine, but warns that there will be "no end to war
if Kiev believes in a military solution." Noting that he believes
there has been an "overall decrease" in military activity, he notes
that Debaltseve was "possible to forecast," and then proclaims:
*PUTIN SAYS U.S. ARMS ALREADY BEING SUPPLIED TO UKRAINE
Of course, we already have "YouTube" proof of
American military presence in Ukraine (which for Washington would have been
good enough to wage war) but Putin offers no specific proof and adds rather
pointedly that "most Ukraine troops want no part of fractricidal
war."
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Failed Discipline, Failed Reforms And Grexit: Why The Euro Failed. Submitted by Tyler Durden on 02/17/2015. It's not that difficult to understand why the euro is doomed to fail. Given its structure, there is no other possible outcome but failure. Greece's exit (Grexit) will simply be the first manifestation of the inevitable structural failure of the euro. To understand why this is so, we have to start with two forms of discipline: the market and the state.
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Ukraine
"Truce" Fails: Withdrawal Deadline Passes, Debaltseve Situation
Deteriorating. Submitted by Tyler
Durden on 02/17/2015. UPDATE: *POROSHENKO SAYS UN MUST NOT ALLOW
FULL-SCALE WAR IN EUROPE. As the game
of chicken between Greece and the Eurogroup hots up, it appears another -
potentially far more deadly - is escalating in Ukraine as neither side is
willing to follow through on the terms of the Minsk Summit peace deal -
removing heavy weaponry from the frontlines - as a key deadline passes without
agreement. As
The Guardian reports, The Ukrainian military have stated that "as
soon as the militants cease fire, the Ukrainian side will begin to withdraw
heavy weaponry from the frontline," and the pro-Russian
separatists proclaim, "We do not have the right [to stop fighting for
Debaltseve]," adding that as far as the truce, "we have
everything ready for a mutual withdrawal. We will not do anything unilaterally
– that would make our soldiers targets."
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Stocks
Go Green, Euro Spikes On Report Greece To Ask Request Program Extension Tomorrow.
Submitted by Tyler Durden on 02/17/2015. Now where have we
seen this before? Surprise contradictory headlines that occur shortly after
vehement statements by leaders: *GREECE AIMS TO REQUEST LOAN ACCORD
EXTENSION TOMORROW: OFFICIAL
This comes after Varoufakis and Tspiras specifically saying
that they will not extend the current loan accord: "Salvation will
not come by extending the mistake," adding that compromise on the current
program "is not an agreement but a surrender that would complete the
euthanasia of our country."
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Meet
The New Greek President. Submitted by Tyler
Durden on 02/17/2015. ... but since this is Sparta, er, Greece, it is best
to see him in action. He is the gentleman with the white hair. (see Video
photo) Earlier today, it was revealed that Prokopis Pavlopoulos, a
"centre-right moderate" will be the government's candidate for president.
According
to Kathimerini, while speaking to SYRIZA's parliamentary group on Tuesday,
Tsipras said the decision to nominate the former conservative Interior Minister
reflected the need for political and social consensus.
And since ND will endorse the Syriza candidate, Prokopis
Pavlopoulos will almost certainly be elected during a vote on Wednesday or
Thursday (perhaps just in time to celebrate the ECB's yanking of Greek
emergency liquidity access). http://www.zerohedge.com/news/2015-02-17/meet-new-greek-president
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Two-Thirds
Of Citi Survey Participants Say Central Banks in Europe Are Now Fully In
Control. Submitted by Tyler
Durden on 02/17/2015
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As
Bank Run Accelerates, Greek Depositors Pray To Saint Mario. Submitted
by Tyler Durden on 02/17/2015. "Greek deposit
withdrawals picked up after talks between Greece and its euro-area creditors on
extending its bailout ended in acrimony in Brussels Monday night,.. If Greek
authorities don’t take up euro area finance ministers’ offer this week, ELA
funds to Greek banks would likely be shut down, they wrote."
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"Greek
Democracy Can't Be Threatened" Defiant Tsipras Warns "Won't Step Back
From Promises". Submitted by Tyler
Durden on 02/17/2015. The rhetoric from both sides in Europe is hotting up
but we suggest Tsipras' comments seem far more personal and existential than
the Eurogroup's beligerence for now: GREEK DEMOCRACY CAN'T BE THREATENED
*TSIPRAS: GREEK GOVT NOT IN A HURRY, WON'T COMPROMISE,
WON'T TAKE A STEP BACK FROM PROMISES TO PEOPLE
With a "strong mandate" to save the country,
Tsipras adds that he wants "a solution, not rupture."
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Silver
Crushed On Heavy Volume As WTI Crude Slides Back Below $52. Submitted
by Tyler Durden on 02/17/2015. It appears the
overenight exuberance at the possibility of a Grexit is fading fast... Silver -
already weak overnight - was suddenly monkey-hammered lower on massive
volume... WTI is down almost $2 from intrday highs, testing towards $51.50
on heavy volume.
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Schauble
Gives Athens Another 10-Day Ultimatum, Says "Up To Greek Government If It
Wants To Keep Euro". Submitted by Tyler
Durden on 02/17/2015. SCHAEUBLE: GREEK PROGRAM EXTENSION BACKING NEEDED
BY FEB. 27. SCHAUEBLE: UP TO GREEK GOVT TO DECIDE IF IT WANTS TO KEEP EURO
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How
To Trade The Grexit Scenarios, And What The "Worst-Case" Looks Like.
Submitted by Tyler Durden on 02/17/2015. When it comes to
trading the possibility of a Grexit, Bloomberg strategist Vassilis Karamanis
writes,that there are three possible outcomes.
Scenario 1: Greece exits the euro
Scenario 2: Capital controls are imposed on Greek banks Scenario 3: Agreement is reached within the next days
Scenario 2: Capital controls are imposed on Greek banks Scenario 3: Agreement is reached within the next days
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Submitted by Tyler
Durden on 02/17/2015 - 07:24
- Markets From Stocks to Debt to Euro Show Little No Panic (BBG)
- Greek Euro Exit Risk Increases as EU Delivers Ultimatum (BBG)
- Oil rises to $62, near 2015 high as Mideast risks support (Reuters)
- Texas judge blocks Obama plan to protect undocumented immigrants (Reuters)
- Oil Train Derails and Ignites Forcing West Virginia Evacuations (BBG)
- Battle rages for town where Ukraine rebels reject ceasefire (BBG)
- Chinese Firms Tiptoe Back Into Europe’s Battered Financial Sector (WSJ)
- Putin’s Paradise Becomes Economic No-Go Zone Where Cash Is King (BBG)
- Emerging fund managers stuck in buy-and-hold as trading shrivels (Reuters)
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Futures
Rebound On Collapse In Greek Negotiations, After Europe's Largest Derivatives
Exchange Breaks. Submitted by Tyler
Durden on 02/17/2015. There was a brief period this morning when market
prices were almost determined by non-central banks. Almost. Because
shortly before the European market open, a technical
failure on the Eurex exchange prevented trading in euro-area bond futures
the day after Greek debt talks collapsed. And sure enough, after initially
seeing significant downward pressure, which nobody could capitalize on of
course courtesy of the broken Eurex, risk both in Europe and the US has since
rebounded courtesy of the ECB, SNB and BIS, led by the EURUSD (because a Grexit
threat which according to Commerzbank has been raised from 25% to 50% is
bullish for the artificial currency), which is now at the level last seen just
before yesterday's negotiations broke down, and US futures are about to go
green.
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