House approves arming Syrian rebels to fight Islamic State

•September 19, 2014 • 2 Comments

ISIL1

http://online.wsj.com/articles/house-to-vote-on-arming-syrian-rebels-to-fight-islamic-state-1410979081

The House approved a measure Wednesday to train and arm Syrian rebels, in the first broad test of congressional sentiment about President Barack Obama‘s plans to expand U.S. military engagement in the Middle East.

The measure, which passed 273-156, was an amendment to a bill to fund the government until Dec. 11. The House passed the spending bill by a vote of 319-108.

The votes followed a six-hour debate that reflected ambivalence among lawmakers who want to stop Islamic State, also known as ISIS or ISIL, but are reluctant to restart military action in a part of the world that they thought the U.S. was leaving. Others worried that arming Syrian rebels for combat would backfire, with weapons ending up in the wrong hands and further inflaming tensions in the Middle East. Meanwhile, a set of Republicans is concerned the strategy doesn’t go far enough against the extremist group.

“We’re sort of in a damned-if-you-do, damned-if-you-don’t situation,” said Rep. Charlie Dent (R., Pa.). “Those voting on this measure, I suspect, will do so with great reluctance. Those voting no will do so with discomfort,” he said.

Mr. Obama has been calling lawmakers individually since early last week, right after Saudi Arabia agreed to host the arm-and-equip program, to persuade them to tuck authorization for the program into the must-pass stopgap spending bill.

The spending bill is a “continuing resolution” to maintain government funding at current levels from the end of the current fiscal year on Sept. 30 through Dec. 11. The bill also included an extension until June 30 of the Export-Import Bank, which some conservative members of the House had wanted to let lapse when its charter expires at the end of the fiscal year.

The Senate plans to take up the bill on Thursday, and it is expected to pass. A Senate Democratic aide said the strong House vote gives the measure momentum in the Senate, where lawmakers were temporarily shaken by testimony Tuesday from Gen. Martin Dempsey that he would back sending American military advisers to accompany Iraqi forces on combat missions if there was a need. That seemed to contradict Mr. Obama’s ban on using U.S. ground troops.

But the mood recovered on Wednesday after Mr. Obama said he wouldn’t authorize a ground war. Secretary of State John Kerry testified on Capitol Hill that the U.S. wouldn’t go it alone against Islamic State, easing additional worries within Congress that not enough was being done to build an international coalition, especially with participation from Arab nations.

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moderate head choppers being armed and trained to fight the extreme head choppers who were armed and trained alongside the moderate head choppers originally and now the moderates get more money to fight the extreme choppers and what will be left behind in the vacuum? chop chop?

401

China’s President Xi Jinping is making his first official visit to India,

•September 19, 2014 • 8 Comments

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http://www.bbc.com/news/world-asia-india-29218466

China is one of India’s top trading partners and the Asian neighbours are the world’s most populous countries.

The two countries disagree over the demarcation of several Himalayan border areas and fought a brief war in 1962.

Tensions over the issue still flare up from time to time.

Beijing and Delhi have held numerous rounds of border talks, but all have been unsuccessful so far.

Ties between the two countries have received a boost under the new Indian Prime Minister Narendra Modi, who has pledged to revitalise the economy and deepen ties with China during his term of office.

In July, the two leaders met on the sidelines of the sixth Brics summit in Brazil and stressed the need to boost bilateral relations.

“If I have to describe potential of India-China ties I will say- INCH (India & China) towards MILES (Millennium of Exceptional Synergy)!,” Mr Modi tweeted ahead of Mr Xi’s visit.

In another tweet, he said: “Unique chemistry between India & China can script history & create a better tomorrow for the entire humankind.”

Mr Xi will begin his three-day visit in the western state of Gujarat, where he will attend a reception and a cultural programme.

Mr Modi was the chief minister of Gujarat for over a decade before leading his Bharatiya Janata Party (BJP) to a landslide win in the May general election and becoming prime minister.

India’s Foreign Minister Sushma Swaraj has said that India expects “substantial results” from Mr Xi’s maiden trip.

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“India-China ties I will say- INCH (India & China) towards MILES (Millennium of Exceptional Synergy)!”

cute..

no reason these two powerhouses cant be mates..or is there?

401

Global recovery is precarious says International Monetary Fund

•September 19, 2014 • Leave a Comment

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http://www.ft.com/cms/s/0/32d06a76-3e7f-11e4-adef-00144feabdc0.html#axzz3DceLTQvB

The International Monetary Fund has warned that the global recovery is on precarious footing, as rising geopolitical tensions and the prospect of tighter monetary policy in the US risk dampening the outlook for global growth.

In a document prepared ahead of this week’s G20 meeting of finance ministers and central bank governors in Australia, the IMF said that growth in the first half of this year was weaker than it had predicted in April. The Fund signalled it is likely to cut its next batch of forecasts which will be released in October.

The Fund’s assessment is the latest sign that mounting tensions in Ukraine and the Middle East have worsened the prospects for the global economy. This week, the Organisation for Economic Co-operation and Development cut its forecasts for 2014 growth for all large economies except India.

“While the recovery is projected to regain some strength in the reminder of 2014 and 2015, it would be weaker than foreseen in the spring,” the IMF said.

The Fund expects growth to accelerate in advanced economies, with the US and the UK enjoying the strongest rebound. However, the outlook for the eurozone and Japan is more uncertain, as inflation remains below central bank targets.

The outlook for emerging markets remains vulnerable to the normalisation of monetary policy in the US, the IMF warns. With the Federal Reserve expected to end its asset purchases in October and moving closer to raising interest rates, emerging markets should foresee tighter financial conditions. In particular, the Fund expects to lower its growth forecasts for Latin America, as business and consumer confidence continues to decline in Brazil and Argentina suffers from the consequences of its default in June.

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did you catch the last line?

argentina DID default but the world forgot to take notice..

401

TTIP will allow private companies to sue governments for millions

•September 19, 2014 • 2 Comments

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http://rt.com/op-edge/187004-ttip-agreement-trade-economy/

The Transatlantic Trade and Investment Partnership gives companies the right to sue governments if they think there was “indirect expropriation” of future profits, Glyn Moody, technology writer, told RT.

Some experts claim that TTIP could make a privatization of Britain’s National Health Service (NHS) irreversible.

RT: How will TTIP really affect the NHS?

Glyn Moody: What they are saying is rather clever because it is true that the NHS won`t be directly affected by TTIP as it is negotiated, but what lots of people are rightly concerned about is what happens afterwards because there is a chapter within TTIP which is called the “investor state dispute settlement” which basically gives companies the right to sue governments if they think there has been, what they call, indirect expropriation of future profits. Basically that gives them a right to profits in the future. Whether that might affect the NHS, is that we have got a current wave of privatization going on at the moment. And if in some future situation a Labor government might want to reverse that privatization which would be a perfectly natural thing for a government to do. This clause would kick in and the companies that have taken these parts of the NHS will say then: “hang on; you are taking our future profits. We are going to sue you for billions of euro,” and we know that this kind of thing is happening around the world and the fear is justified. That is exactly what will happen with the NHS. So basically privatization will be locked in. You couldn`t reverse it or rather you could reverse it, but you’d end up paying billions or possibly tens of billions of euro if you did so.

RT: The British government has given assurances that the NHS won’t be compromised by this trade deal – so what are people so worried about?

GM: Not really, because basically the reason the British government if quite keen on this is that it would actually lock in the ideology. Even if they lost an election or were replaced by a Labor government, that Labor government or coalition government would be unable to reverse their policy. So this is supposedly a trade deal about how people will get more money. But in fact it contains within it a particular agenda, a political agenda. And that is what is problematic about TTIP. It is not really a trade agreement. It is actually much more about liberalization and forcing the European Union to change in a certain way and irreversibly. That is why I think a lot of people increasingly are worried that TTIP is not going to be a good idea.

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thanks to nomnomnom for the link..

“The Transatlantic Trade and Investment Partnership gives companies the right to sue governments if they think there was “indirect expropriation” of future profits”

and thats the sentence you need to keep in your head..

401

General Dempsey admits Arab allies funding IS

•September 19, 2014 • Leave a Comment

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its not a conspiracy..its fact..

401

Ebola could wreck West African economies warns World Bank

•September 19, 2014 • 2 Comments

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http://www.bbc.com/news/world-africa-29239604

The Ebola outbreak could have a catastrophic impact on the economies of Guinea, Liberia and Sierra Leone, the World Bank says.

The organisation says the economic impact of the virus could “grow eight-fold” in the “already fragile states”.

However, it says the cost can be limited if the epidemic – and the accompanying fear – is contained by a fast global response.

Ebola has killed 2,461 people in West Africa – the largest ever outbreak.

US President Barack Obama has called the latest outbreak “a threat to global security”, and announced a larger US role in fighting the virus. The measures announced included ordering 3,000 US troops to the region and building new healthcare facilities.

The UN Security Council is to hold an emergency meeting on Thursday to discuss the epidemic.

It is expected to pass a resolution demanding a more forceful international response to the crisis, urging member countries to provide medical staff and field hospitals.

The resolution will also call for the lifting of travel restrictions that have prevented health workers from offering assistance. UN officials have described the outbreak as a health crisis “unparalleled in modern times”.

The World Bank’s analysis said billions of dollars could be drained from West African countries by the end of next year if the virus continued to spread.

Under the worst-case scenario, the global development lender predicted that economic growth next year could be reduced by 2.3 percentage points in Guinea and 8.9 percentage points in Sierra Leone.

It predicted Liberia’s economy would be hardest-hit, losing 11.7 percentage points off its growth next year.

The report emphasised the need to tackle the fear of the disease, as well as the virus itself. It said “aversion behaviour”, arising from concerns about contagion, was having a bigger economic impact than the “direct costs” imposed by the epidemic.

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no shit eh?

not worried about the deaths are they?..just the economy..

401

Farage: Stop playing wargames in Ukraine

•September 18, 2014 • 4 Comments

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farage is a politician at the end of the day and i dont agree with a lot of his platform but i do love some of his speeches and this is another good one..nails it..

401

 
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