SYRIA - The recent bombing of Syrian troops by the US-led coalition was no mistake, Syria’s Foreign Minister, Walid Muallem, said at the UN General Assembly, calling America and its allies accomplices to crimes committed by Islamic State and other terrorists.
EUROPE - The EU faces an uncertain future post-Brexit with voters questioning the legitimacy of its institutions and member states concentrating more on their own domestic issues, a leading academic has warned. Ana Palacio, a former Spanish foreign minister and ex-senior vice president of the World Bank, is now visiting lecturer at Georgetown University and a member of the World Economic Forum's Global Agenda Council on the US.
UNITED NATIONS - Syria’s civil war. North Korean nuclear tests. Brexit. Turkey’s failed coup. A volatile US election. This jarring backdrop was hard to miss as world leaders stepped up to the familiar green marble dais during this week's United Nations General Assembly. Heads of state and government representing the world’s largest economies used words like “fear,” “uncertainty,” “risk,” and “terror” 87 percent more often on average than during last year's gathering, according to an analysis by Adam Tiouririne, a leadership communication adviser at Logos Consulting Group.
LIBYA - Who actually benefits from American-led wars across the globe? The aftermath of American-led conflicts shows it is not the common people, though the military and politicians vow they are liberating and protecting them.
USA - It’s one of the most enduring mysteries in earthquake science: Why do small earthquakes stay small, while others grow into monsters? A group of researchers offered a partial, but tantalizing answer this month: The moon and big tides.
GERMANY - The government’s commissioner for eastern German affairs says she’s worried about increasing xenophobia and sluggish economic growth in the former East Germany. "We have achieved a lot in eastern Germany in the last 26 years," said Iris Gleicke on Wednesday in Berlin as the government presented its annual report on the state of German unification.
USA - In the wake of Pyongyang’s recent nuclear weapons tests, US Secretary of Defense Ashton Carter stated Monday that American forces in South Korea must adopt a stance of readiness as if they were going to “fight tonight.” Commenting on American defense strategies at the Hoover Institution in Washington DC, Carter said, "The slogan of US Forces Korea, many of you probably know, is ‘fight tonight.’ Not because that’s what we want to do, but because that’s what we have to be able to do and we are ready to do." He added that, "It’s not a game." Carter’s comments come two weeks after Pyongyang successfully completed a fifth nuclear test, which, according to state-owned media, now equip the nation with "a variety of smaller, lighter and diversified nuclear warheads of higher strike power."
USA - Yahoo Inc said Thursday that account information for at least 500 million users was stolen by hackers during a 2014 breach. While thieves apparently were not able to acquire credit card information, bank account data or unencrypted passwords, users may have had their names, email addresses, telephone numbers, dates of birth, hashed passwords and, in some cases, security questions and answers, exposed. So if you have a Yahoo email account, what should you do?
UNITED NATIONS - Global leaders gathered here at the UN headquarters on Wednesday for a high-level meeting on antimicrobial resistance, with multiple leaders speaking out about the growing threat of infections that no longer respond to the drugs used to treat them.
USA - The world is dangerously unprepared for a global disaster sparked by cyber attacks on space infrastructure, experts have warned. Authorities are not doing nearly enough to stop space assets being hacked and used maliciously, according to a warning from security experts. The consequences of such a hack could be disastrous – anything from damage to trade and financial services to terrorists taking over strategic weapons. Much of the world’s infrastructure is dependent on space machinery – almost every important business or technology on the ground is powered by space assets. And while governments have done a great deal in looking to secure those technologies on Earth, they could easily be threatened from space.
CHINA - As part of their requirements to enter into the SDR basket of currencies in October, China will soon be revealing the quantity of their gold reserves sometime between now and September 30. And with them also recently being appointed the managers of the M SDR internationalization program, debate over China implementing a gold backed currency is once again increasing at an accelerating rate. Whether it is through a gold backed SDR, or a gold backed Yuan, the world is rushing towards a return of some form of a gold standard. And unfortunately for the West, which has been spending their currencies bailing out their banks and propping up their stock markets, China has been the one cultivating economic partnerships that when the time comes, could catapult them into becoming the masters of the next global financial system.
USA - President Barack Obama on Friday vetoed legislation allowing families of victims of the September 11 attacks to sue Saudi Arabia, which could prompt Congress to overturn his decision with a rare veto override, the first of his presidency. Obama said the Justice Against Sponsors of Terrorism Act would hurt US national security and harm important alliances, while shifting crucial terrorism-related issues from policy officials into the hands of the courts. The bill passed the Senate and House of Representatives in reaction to long-running suspicions, denied by Saudi Arabia, that hijackers of the four US jetliners that attacked the United States in 2001 were backed by the Saudi government. Fifteen of the 19 hijackers were Saudi nationals.
VATICAN - The name of God cannot be used to justify violence, while “peace alone, and not war, is holy”, Pope Francis declared at the closing ceremony of yesterday’s gathering of religious leaders in Assisi, held on the 30th anniversary of the first such meeting called by St John Paul II.
USA - Confirming what many had suspected when viewing the sudden and intense collapse into anarchy that occurred in Charlotte this week, Todd Walther, spokesman for the Charlotte-Mecklenburg Fraternal Order of Police told CNN's Erin Burnett: "This is not Charlotte that's out here. These are outside entities that are coming in and causing these problems. These are not protestors, these are criminals."
UNITED NATIONS - The third leg of the world's intractable depression is yet to come. If trade economists at the United Nations are right, the next traumatic episode may entail the greatest debt jubilee in history. It may also prove to be the definitive crisis of globalized capitalism, the demise of the liberal free-market orthodoxies promoted for almost forty years by the Bretton Woods institutions, the OECD, and the Davos fraternity.