VATICAN - Pope Francis has described the European migration crisis as an “Arab invasion”. He said that “Europe weakens” by “forgetting its own history”, but, because of its low birth rate and colonial history, the mass migration could be beneficial. “Today we can talk about an Arab invasion”, the Roman Catholic leader told the Vatican newspaper L’Osservatore Romano this Thursday. “It is a social fact”.
SWITZERLAND - The world’s credit boom is beginning to show dangerous signs of unraveling, ushering in a period of fresh turmoil for the over-indebted global economy, the Bank of International Settlements has warned. The globe’s top financial watchdog called time on the world’s debt binge, noting that debt issuance and cross border flows in emerging economies slowed for the first time since the aftermath of the global credit crunch at the end of last year. With financial markets thrown into fresh paroxysms in 2016, oscillating between extremes of “hope and fear”, the over-leveraged world was finally approaching a day of reckoning, said Claudio Borio, the bank's chief economist. “We may not be seeing isolated bolts from the blue, but the signs of a gathering storm that has been building for a long time”, he said.
SWITZERLAND - The global economy is heading for a storm as faith in policymakers dwindles, according to a stark warning from one of the world’s most respected financial institutions. The uneasy calm in financial markets last year has given way to turbulence, the Bank for International Settlements, known as the central bank for the world’s central banks, said in its latest quarterly report. Financial markets are losing faith in the healing power of central banks and their latest policy weapon — negative interest rates — to boost the world’s main economics, the bank said.
UK - Parents should be allowed to have their newborn babies killed because they are “morally irrelevant” and ending their lives is no different to abortion, a group of medical ethicists linked to Oxford University has argued. The article, published in the Journal of Medical Ethics, says newborn babies are not “actual persons” and do not have a “moral right to life”. The academics also argue that parents should be able to have their baby killed if it turns out to be disabled when it is born.
GREECE - Greece is heading towards another financial meltdown in a repeat of last summer’s fiasco that could see them crash out of the euro. Greek leaders have failed to make enough progress on reforms aimed at bringing down their monstrous debt after multi-billion pound bailouts last summer.
USA - The more the elite in politics and the media attack him – however merited – the higher Trump’s ratings go. In America last week I sought to work out who hates Donald Trump more: Democrats or Republicans. The answer, I soon realised, was Republicans; his own party is in a seething panic about what appears to be the probability of his becoming their presidential candidate.
USA - Recent data from the Southern Poverty Law Center shows active hate groups exist in all US states except Alaska and Hawaii - and the number of Ku Klux Klan groups has risen dramatically in the past year. While white nationalists, neo-Nazis, and racist skinhead groups actually declined, there were significant increases in Ku Klux Klan and black separatist groups. Black separatist hate groups also grew dramatically from 113 chapters in 2014 to 180 last year. To be distinguished from the Black Lives Matter movement, black separatists seek separate institutions for black people that have traditionally been dominated by white people and oppose interracial marriage and integration. Most are strongly anti-white and anti-Semitic, believing that black people are the “chosen people” of God.
UK - A person's entire immune system can be rejuvenated by fasting for as little as three days as it triggers the body to start producing new white blood cells, a study suggests. Fasting for as little as three days can regenerate the entire immune system, even in the elderly, scientists have found in a breakthrough described as "remarkable".
NORTH KOREA - North Korea threatened "indiscriminate" nuclear strikes against South Korea and the US mainland, as the two allies prepared to kick off large-scale joint military drills on Monday.
ZIMBABWE - The food security situation in Zimbabwe has worsened as the whole country is in urgent need of relief, Food and Nutrition Council Director, George Kembo, has said. Kembo was speaking last week in Harare at an event where the United States announced $10 million additional funding in response to the critical food security situation in the country. About 2.8 million people are starving and in urgent need of food as opposed to the 1.5 million which NGOs have been providing assistance to. Kembo said the hunger situation could worsen in the coming months due to the fact that Zimbabwe is a landlocked country. He said delays in bringing in food through Mozambique and South Africa were anticipated.
USA - As violence broke out directly behind Donald Trump at his rally in Orlando, Florida, yesterday, Trump stopped his speech and walked towards the protesters. Trump watched the scuffle with particularly keen interest, pointing at it. The protesters involved flipped off Trump as they shouted at him. After the people were removed, an apparently subdued Trump came back to the microphone and said, "You know, we have a divided country folks. We have a terrible president who happens to be African-American. There has never been a greater division, just about, than what we have right now. The hatred, the animosity. I will bring people together. I'm gonna bring people together. You watch."
USA - The US has sent an aircraft carrier and a number of other ships through disputed waters in the South China Sea, it announced yesterday — a move that will necessarily raise tensions with Beijing, which has been engaging in an increasingly militaristic power-play in the area over the past few years.
CHINA - With a series of edicts, speeches and martial ceremonies, President Xi Jinping has over the past six months unveiled China’s biggest military overhaul since the aftermath of the Korean War. The plan seeks to transform the 2.3-million-member People’s Liberation Army, which features 21st-century hardware but an outdated, Soviet-inspired command structure, into a fighting force capable of winning a modern war. China is shifting from a “large country to a large and powerful one,” Xi explained in November. The restructuring will be a major focus of the country’s new defense budget, which will be announced Saturday as the annual National People’s Congress gets under way in Beijing.
USA - The US economy died when middle class jobs were offshored and when the financial system was deregulated. Jobs offshoring benefitted Wall Street, corporate executives, and shareholders, because lower labor and compliance costs resulted in higher profits. These profits flowed through to shareholders in the form of capital gains and to executives in the form of “performance bonuses.”
TEMPLE MOUNT, ISRAEL - Israel and Jordan agreed that cameras will be installed on Temple Mount before the holiday of Passover, Israel Hayom reports. A senior diplomatic source said that the move will be a “Significant form of supervising and maintaining order on Temple Mount.” According to the deal between Israel and Jordan, the cameras will operate 24 hours a day, seven days a week. Both sides will be able to access the broadcast and watch what is being recorded.