GERMANY - Police fear a gang-rape phenomenon known as 'taharrush gamea' in the Arab world and seen in attacks on women across German cities at the New Year has now spread to Europe.
USA - A poll out Thursday from the Pew Research Center shows more Americans distrust sharing their personal information with social media companies, smart cars and homes than office surveillance cameras, retail loyalty programs and health services websites.
USA - The stock market rout is starting to get really expensive — destroying $2.3 trillion from the market's top last year and $1.5 trillion in net wealth just this year.
USA - On Friday, Walmart announced it will close 269 stores globally as it struggles to compete with online retailers like Amazon. The news came as US retail figures showed lower than expected holiday sales figures across the market. Sales rose just 3% in November and December, falling short of the expected 3.7% growth according to the National Retail Federation. The Walmart closures will affect 10,000 US workers and 16,000 worldwide. Neil Saunders, chief executive of retail analysts Conlumino, said it was a significant move: "The growth of online, and especially of Amazon, has undermined that advantage and has given almost all consumers easy access to a comprehensive and relatively cheap assortment of products." He added that where Walmart was going, others would follow.
UK - Tony Blair today made a fiery intervention into the debate over Britain’s membership of the European Union as he branded eurosceptics ‘backward-looking’ and called for a Brussels-controlled army.
UK - 'Black clouds' are looming over Britain's economic recovery. Britain's shrinking manufacturing output, the slowdown in China, and the collapsing oil price is driving thousands of British companies to the wall, according to new research, which revealed a 17 percent spike in the number of UK firms suffering "significant" financial distress in the final quarter last year compared to the same period in 2014.
SAUDI ARABIA - Investors intending to take out insurance on Saudi Arabian bonds would have to pay as much as they do with troubled Portugal. The price of insuring Riyadh’s debt has more than doubled in the past 12 months as oil prices continue to collapse, Bloomberg reports. With crude prices at 12-year lows, the Kingdom continues to bankroll a war in Yemen. Last year, Saudi Arabia sold bonds for the first time since 2007 to cover the budget deficit.
INDONESIA - The Islamic State claimed responsibility for an attack in the Indonesian capital of Jakarta on Thursday that left seven dead including five attackers.
UK - The worldwide Anglican church has taken a step back from the brink of break-up - but voted to partially exclude its liberal American branch because of its stance on homosexuality. Archbishops and bishops from around the world, meeting behind closed doors in the crypt of Canterbury Cathedral, voted explicitly to condemn same-sex marriage as a “fundamental departure” from traditional Anglican teaching. The roots of the rift between liberal and conservative wings can be traced back decades but the current crisis erupted in 2003 when the US branch of Anglicanism – The Episcopal Church (Tec) - ordained its first openly-gay bishop, Gene Robinson. Conservative Anglicans believe this goes against the teaching of the Bible but liberals say Christianity should be inclusive.
ISRAEL - Here is one story you probably won't see on CNN! Every January, an international contingent of Catholic Bishops meet in the Holy Land. They issued a strongly-worded statement today which noted that the Israeli "occupation eats away at the soul of both occupier and occupied.'
NATO - In spite of French-led UN Security Council Resolution 1973 creating a no-fly zone over Libya with the express intent of protecting civilians, one of the over 3,000 new Hillary Clinton emails released by the State Department on New Year’s Eve, contains damning evidence of Western nations using NATO as a tool to topple Libyan leader Muammar al-Gaddafi. The NATO overthrow was not for the protection of the people, but instead it was to thwart Gaddafi’s attempt to create a gold-backed African currency to compete with the Western central banking monopoly.
The emails indicate the French-led NATO military initiative in Libya was also driven by a desire to gain access to a greater share of Libyan oil production, and to undermine a long term plan by Gaddafi to supplant France as the dominant power in the Francophone Africa region.
JAPAN - Japan plans to use Self-Defense Force units to drive away “Chinese naval ships” from waters near the disputed Diaoyu Islands, a move that experts say will break the currently controlled status-quo and may lead to escalated tensions or even open confrontation in the East China Sea.
BURKINA FASO - A siege at a Burkina Faso hotel seized by suspected Islamist militants is over, the authorities say, amid reports of an attack on a second hotel. The assault on the Splendid Hotel in the West African state's capital, Ouagadougou, killed at least 23 people of 18 different nationalities. Four attackers were killed, two of them women, officials said. The Al-Qaeda in the Islamic Maghreb (AQIM) militant group has announced that it carried out the attack. Burkina Faso recently held its first presidential election since a coup earlier last year. That coup toppled long-time leader Blaise Compaore, who had governed for 27 years.
USA - To believe the official 9/11 conspiracy theory, one must also believe that September 11, 2001, was a day of miracles. Not the miracles found in folklore meant to entertain children, or religious miracles that guide spirituality, or even miracles whose unproven phenomena help temper scientific arrogance — but miracles of an entirely different variety.
UK - Read today's Monetary Policy Committee (MPC) minutes of their latest decision to keep rates on hold and it is easy to understand why. The global risks are building.