GERMANY - Islamic State militants are eyeing German cities as targets for future attacks and are recruiting supporters from among newly-arrived migrants amid the radicalization of local Arabic-speaking communities, the German domestic intelligence chief has said.
USA - The global growth slowdown has no end in sight as policymakers drag their heels on reforms and a “robot revolution” threatens living standards, the World Bank’s chief economist has warned. Ahead of the International Monetary Fund and World Bank Spring meetings this week, Kaushik Basu said he expected the global economy to expand by just 2.5 percent this year.
UK - Senior bosses at the biggest banks in the world were well aware that Libor numbers were wrong and being rigged, a court has heard. Five former Barclays bankers are on trial accused of conspiracy to defraud, and prosecutors claim they acted dishonestly to manipulate key interest rate benchmark Libor with the aim of benefiting traders’ financial positions. But lawyers for the former bankers disclosed evidence on Friday which they say proves the practice was widely accepted in the market. Because the bankers had never been told otherwise, the jury at Southwark Crown Court heard, they cannot be said to have acted dishonestly.
USA - Top megabank, Wells Fargo & Co just admitted to defrauding the United States government for nearly an entire decade, which subsequently led to the housing market collapse, and no one is going to be punished. On Friday, the largest US mortgage lender and third-largest US bank admitted to deceiving the US government into insuring thousands of risky mortgages.
DOMINICAN REPUBLIC - “Speak softly and carry a big stick” summed up American President Theodore Roosevelt’s foreign policy in the early years of the 20th century. “Wrap yourself in a rainbow and carry a big stick” is becoming US foreign policy in the early years of the 21st century. The latest example of the United States forcing LGBT views upon smaller countries who depend on American aid and trade comes from the Dominican Republic.
CHINA - After years of big wage increases in China, the supply of cheap labor is coming to an end. The migration of rural populations to cities, which in practically no time created over 250 cities with over 2 million inhabitants, is also coming to an end.
USA - The Temple of Baal is NOT coming to Times Square in New York City next month. This is great news, and it represents an incredible victory for Christians in the United States. The only arch that will be going up will be in Trafalgar Square, and it won’t be the one from the Temple of Baal. Instead, the Institute for Digital Archaeology has changed plans and will be putting up a reproduction of the Arch of Triumph which the Romans originally built in Palmyra and that has nothing to do with Baal. So why has there been such a dramatic change in plans? Could it be possible that the alternative media has played a role? Since the original New York Times story last month, a massive firestorm has erupted in the alternative media and this story has gone mega-viral all over the Internet.
USA - From the groundbreaking author team behind the bestselling Winner-Take-All Politics, a timely and topical work that examines what’s good for American business and what’s good for Americans — and why those interests are misaligned.
UK - Some people refer to them as Generation Y, others as the millennials. My favourite title for today’s young folk, though, is the Snowflake Generation. I heard it on the television this week, as the education editor of a national paper bravely tried to make sense of the news that a student had been threatened with violating university ‘safe space’ rules, simply by raising her hand.
UK - The number of young people referred to England's only gender identity clinic for under-18s has doubled in the past year to nearly 1,400, figures show. The data also shows that nearly twice as many biological girls than boys were referred to the Tavistock Clinic, in London, last year.
Consultant clinical psychologist Dr Bernadette Wren said young people now had more freedom to define themselves. She told BBC Radio 4's Woman's Hour a "social revolution" was happening. The statistics show that there were a total of 1,398 referrals to the clinic last year, 913 of whom were female and 485 male.
UK - One of the most potent arguments for staying in the EU is the uncertainty that would supposedly be unleashed by a departure. But staying in would involve increased uncertainty over some important issues affecting our safety, including whether the UK would contribute to an EU army and whether the EU would take over the UK’s (and France’s) permanent membership of the UN Security Council.
GERMANY - German Finance Minister Wolfgang Schäuble called on governments in Europe and the US to encourage their central banks to gradually exit easy-money policies, in the strongest sign yet of Berlin’s growing impatience with the ultralow interest rates of the European Central Bank. “There is a growing understanding that excessive liquidity has become more a cause than a solution to the problem,” Mr Schäuble said.
UK - British Muslims are becoming a nation within a nation, the former chair of the Equality and Human Rights Commission has warned. Commenting on a ground-breaking survey, Trevor Phillips said we are “in danger of sacrificing a generation of young British people to values that are antithetical to the beliefs of most of us, including many Muslims”.
LIBYA - "No to the Killing of Ambassadors" is splashed in big letters across a pock-marked checkpoint in the desert between Misrata and Sirte in Libya. The reference to the attack against the United States in Benghazi makes you hopeful. But just an hour down the road, Sirte is controlled by the Islamic State in Iraq and Syria, along with about 120 miles of Libya's coastline.
GERMANY - Business and political leaders in Germany are increasingly frustrated with the monetary policies of European Central Bank head Mario Draghi. Recently, the confrontation has threatened to become damaging to the euro zone.