Britain will not remain in Europe 'come what may', David Cameron says
UK - Britain is not prepared to remain in Europe "come what may" and Brussels needs to address people's concerns about immigration, David Cameron has said. The Prime Minister said that "proper" controls on immigration are needed including reforms to movement within the European Union. He said that Britain will not be "ordered around" by other European Union countries in the single currency union.
He told the Confederation of British Industry: "Britain will only succeed in Europe if we are a strong economy. From your economic strength comes a lot of your power in international engagement. You never get anywhere in life unless you have a clear strategy and plan. Frankly, Britain's future in Europe matters to our country and it isn't working for us at the moment and that's why we need to make changes."
"[We want to] belong to a Europe that addresses people's concerns, including concerns about immigration. Simply standing here saying I will stay in Europe and stick with Europe come what may is not a strategy, is not a plan and that won't work."
On immigration, he added: "We need to have proper immigration control. We need to do more, both outside the European Union and, frankly, inside the European Union. But the flipside of the coin on immigration is a welfare system that rewards work and an education system that turns out people with the skills necessary to do the jobs that we are creating in our country today. No immigration policy will succeed unless it's accompanied by that welfare and that education reform as well."
RICHARD LITTLEJOHN: Twiplets? Two dads and a twio of mums
UK - Today’s edition of Call Me Old-Fashioned comes from Surrey, where a gay couple are expecting three babies by three different surrogate mothers within seven months of each other. I’m sorry, I’ll just read that again. No, I was right first time. Two homosexuals have hired three women they found on the internet to produce three children for them. They have already dubbed the babies: the ‘twiplets’.
It helps if you pronounce twiplets with a rasping lisp, like the celebrated Sixties comedian Freddie ‘Parrot Face’ Davies. Only then can you grasp the absurdity of this bizarre, mercenary arrangement, which is being hailed as an ‘amazing world first’.
This is the crazy world we live in today. Not so long ago a ‘world first’ for Britain would have been the invention of the jet engine or the hovercraft. Now it’s born-to-order test-tube twiplets with two gay fathers and three this-womb’s-for-hire mothers. The women will each be paid ‘expenses’ of £15,000 for their services and the happy couple will take delivery of the three babies between January and July next year.
Has no one stopped to consider what the twiplets are going to make of it when they get older? Shouldn’t have thought so for a moment. This is about what’s good for the adults, not for the children. It’s part of the depressing modern trend towards treating children as fashion accessories, like the latest handbag or breed of designer dog.
Growing calls for Jean Claude Juncker resignation
EUROPE - There were growing calls for Jean-Claude Juncker to resign as President of the European Commission amid allegations that he presided over potentially illegal tax breaks given to multinational companies operating in Luxembourg. Bloomberg, the influential financial newswire, devoted its editorial to a call for Mr Juncker’s resignation over revelations multinational companies were allegedly allowed to create complicated structures to avoid billions of pounds of tax when he was Prime Minister of the country.
It follows outrage from Conservative MPs who see him as an arch-federalist who believes in an "ever-closer" European Union, who will make it more difficult for David Cameron to renegotiate Britain’s relationship with Brussels before holding an in-out referendum in 2017 over his appointment. The editorial, entitled “Jean-Claude Juncker Needs to Go”, describes Mr Juncker as a “bad choice for the job” who has been “foisted on the bloc's 28 national governments by a European Parliament eager to expand its powers.”
The editors of the financial wire say it is “becoming clear now just how poor a decision” the appointment of Mr Juncker was after details emerged of revelations of potentially illegal tax breaks given to multinationals in Luxembourg, of which he was prime minister for almost 20 years. The Bloomberg editorial continues: “Juncker's position as the head of the body investigating the tax practices he oversaw as prime minister is a clear conflict of interest."
EU risks becoming a failed utopian experiment
HUNGARY - At the moment the EU is facing the question whether to become part of the unsuccessful utopias in global history, according to Hungarian President Viktor Orban. This is what an article written by Mr Orban, published on his website, dedicated on the issuance of the book by former German Chancellor Helmut Kohl “With Care for Europe” reads, RIA Novosti reports.
“If we are not cautious, the EU could become the latest example that will be given as a failed utopian experiment. It is our duty to avert that,” Mr Orban writes. The Hungarian PM opines that it will be “suicidal” for Europe to renounce the national roots of its member states and urged the different countries to be more active within EU’s work. Hungary, he adds, would not want Europe to be governed by a “gigantic bureaucratic central institution”. “The peoples in Europe are its reality, and the United States of Europe is a utopia,” Mr Orban explains.
Drought Turns East Bay City Into Wild, Wild West
USA - Seems the drought has made California into the wild, wild west. Clayton in Contra Costa County is a city that remains true to its western roots. There’s even an old-time saloon. In this town, water has become as precious as gold, and thieves are resorting to stealing it. The Contra Costa Water District says fire hydrants are their favorite targets, mainly along Marsh Creek Road. They come in the dark of the night. “It’s not right,” said resident Delores Vargas. Another resident, Marvin Taylor, agreed. “People who aren’t authorized to get into a fire hydrant shouldn’t be doing that.” Unfortunately, they are. The reason is anyone’s guess. It’s clean. They can sell it, or use it for dust abatement.
Militant Group in Egypt Vows Loyalty to ISIS
EGYPT - They have slaughtered hundreds of Egyptian soldiers and police officers, recruited experienced fighters and staged increasingly sophisticated raids from the Western desert to the Sinai Peninsula. They have beheaded informants and killed an American in a carjacking, say Western officials familiar with intelligence reports.
On Monday, Egypt’s most dangerous militant group, Ansar Beit al-Maqdis, also pledged obedience to the organization that calls itself the Islamic State, becoming its first significant international affiliate in the bet that the link will provide new money, weapons and recruits to battle the government in Cairo.
The affiliation could pull the militant group away from its current, almost exclusive focus on attacking Egyptian military and security forces toward the Islamic State’s indiscriminate mass killings of civilians. The pledge alone could undermine the government’s efforts to win the trust of Western tourists, a vital source of hard currency.
The decision injects the Islamic State into the most populous and historically most influential Arab nation, a milestone weeks into an American-led bombing campaign against its strongholds in Syria and Iraq. The endorsement is a major victory for the Islamic State in its rivalry with Al Qaeda — a group with deep Egyptian roots — and could now help recruit fighters and affiliates far beyond Egypt.
Eugenics making a comeback as a respectable policy
USA - After hibernating for 60 years, eugenics is making a comeback, both in academic and popular spheres. Nazi enthusiasm for eugenics, as well as sterilisation campaigns throughout the Western world in the 1920s and 1930s, gave eugenics a bad name. However, In the Huffington Post recently, Joe Entine of the Genetic Literacy Project made the case for Eugenics 2.0:
“Modern eugenic aspirations are not about the draconian top-down measures promoted by the Nazis and their ilk. Instead of being driven by a desire to "improve" the species, new eugenics is driven by our personal desire to be as healthy, intelligent and fit as possible - and for the opportunity of our children to be so as well. And that's not something that should be restricted lightly.”
However, eugenics is also being touted in the peer-reviewed journals as well. The latest addition to a burgeoning literature, from a rising Oxford philosophy student, Benjamin Meir Jacobs, arguing in the Journal of Medical Ethics that parents have an “obligation to choose a healthier child” based on a moral imperative to avoid creating situations of “harm”. Jacobs argues that we are morally obliged to select children without disabilities if we have such a choice (which is now available through preimplantation genetic diagnosis and IVF).
Wall Street Banks Have Been Hoarding Billions For One Legal Settlement
USA - Wall Street has been bracing for a billion-dollar currency manipulation investigation that will be over in a few weeks, says The Wall Street Journal. In the past few weeks, it seems banks have been scrambling to prepare for whatever regulators on both sides of the pond may find after a fairly boring earnings season. Performance was average to slightly below, and the total trading rout banks expected didn't turn out to be that bad. But then the disclosures started coming.
First Citigroup revised its earnings down to $0.88 per share from $1.07 per share to add $600 million to its legal reserves. Then JPMorgan Chase also disclosed that US and UK regulators were conducting criminal (the Department of Justice is in there) and civil probes into its Forex trading operations. Of course, it's cooperating, but it has no idea how much it could lose in such a settlement — maybe nothing, maybe $6 billion.
Finally, on Thursday after the closing bell, Bank of America followed Citi and revised its earnings down by $400 million, adding that to its legal reserves to deal with whatever comes of the probe.
So here's what we know about the investigation: Barclays, HSBC, Royal Bank of Scotland Group, UBS, Citigroup, JPMorgan, and Bank of America are all involved. The UK banks will take about $1.8 billion of fines for this, but regulators in the US haven't finished negotiating.
Iran Possesses All the Technology for a Nuclear Weapon
IRAN - November 24, 2014, is a looming deadline for Iran, Israel, the United States and the world over its nuclear weapons program. America’s Wendy Sherman, who is leading the negotiations, has described the talks as “a forest of distrust.” At the same time, she declares, “Our bottom line is unambiguous … Iran will not, shall not obtain a nuclear weapon.”
Against this backdrop, media revelations have disclosed a secret correspondence between the Obama White House and Iran’s Supreme Leader Ayatollah Ali Khamenei — kept even from Congressional leaders and possibly America’s closest allies, including Israel. As the world ponders Iran’s dash to enrich more kilograms of uranium, the underlying concern is not so much about the enrichment process itself, but the end product: a nuclear warhead. Iran has been developing its warhead for some sixteen years. That design is nearly perfected.
Jerusalem will soon become capital of global caliphate
MIDDLE EAST - Only days after being released from prison, the leader of the Islamic Movement's northern Israel branch returned to the public eye, giving a fiery sermon about conquering Jerusalem and making it the Muslim-only capital of a Sunni Islamic empire. In a video of his November 7 sermon in Nazareth, translated by MEMRI, Sheikh Raed Salah said "Inshallah, Jerusalem will soon become the capital of the global caliphate." On March 4, Salah was sentenced to eight months in prison and three years on probation for inciting to violence in a 2007 speech. In the 2007 speech, Salah urged supporters to start a third intifada in order to “save al-Aksa Mosque, free Jerusalem and end the occupation.”
Hamas: 'Popular army' formed for 'liberation of al-Aksa'
MIDDLE EAST - Hamas has declared the formation of a "popular army" at the Jabaliya refugee camp in the northern Gaza Strip on Friday, according to a report by the AFP. A spokesman for the Izz ad-Din al-Qassam Brigades - Hamas's military branch - said the 2,500 recruits would form "the first section of the popular army for the liberation of al-Aksa and of Palestine," according the AFP report. Mohammed Abu Askar, a Hamas official, said those older than 20 could sign up "to be prepared for any confrontation" with Israel.
California County Quietly Votes For Independence From State and Federal Laws
USA - Mendocino County, in the pristine northern lands of California, where the magnificent ancient coastal Redwood trees meet the inland California Oaks, has voted itself into the constitution writing (righting) business. Yesterday, by a significant margin, they became the first county in California, and only the second county in the country to pass into law a very powerful local ordinance that declares local self-governing rights in their communities over state and federal jurisdiction. Over 67% of the votes cast were in favor of the measure. The ordinance provides for waters free from toxic trespass; pre-emptively bans all fracking activities countywide with heavy fines and penalties for violation of the ordinance; and establishes a Community Bill of Rights to, for, and by the residents of Mendocino County while checking corporate powers as well. In addition, the newly created law gives the Rights of Nature to exist and flourish without toxic trespass whereas previously Nature had no standing in the court of law.
Qataris make move on Canary Wharf's £6 billion estate
UK - Qatar’s sovereign wealth fund is preparing a multi-billion takeover of Canary Wharf, the east London financial district, in a move that would cement the emirate’s position as one of the capital’s biggest property owners. The Qatari Investment Authority has teamed up with Canadian investment group Brookfield to make an approach for Songbird Estates, the property developer that owns a majority stake in the world famous Docklands site. Shares in the property developer rocketed by 20 percent on Thursday as investors salivated over the prospect of one of the largest deals in British real estate history. Songbird was valued at £2.3 billion after the market closed, but the group’s extensive property assets were recently valued at more than £6.28 billion.
Full investigation into the dominance of 'big four' UK banks confirmed
UK - Britain's biggest banks face the prospect of being broken up by the competition regulator, in spite of warnings that this would be hugely expensive and hold back lending to the economy. The Competition and Markets Authority (CMA) has dismissed the concerns of banks, amid warnings that the costs of forced branch sales would vastly outweigh any benefits, and that support for breaking up the banks is based on false pretences.
The CMA ended a five-month consultation by launching a full investigation into current accounts for consumers and small businesses. The regulator has identified the large branch networks run by UK’s biggest banks, as well as the prevalence of free current accounts, as potential barriers to entry.
Unlike in other markets such as mobile phone networks, consumers and businesses are highly unlikely to switch banks, the CMA said. It pointed out that the market shares of the four biggest high street banks – which equates to more than three quarters of the UK’s accounts – had barely moved in recent years.
At the end of its investigation, which is likely to take around 18 months, the CMA may force banks to alter their charges, or send customers text messages when they enter overdrafts.
Internet is becoming a 'dark and ungoverned space', says Met chief
UK - The internet is becoming a “dark and ungoverned” space and technology firms need to do more to help protect against paedophiles, murderers and terrorists, Britain’s most senior police officer has warned. Sir Bernard Hogan-Howe said the level of encryption available to those offenders who operate on or through the web is so sophisticated it is frustrating police investigations and is in danger of making the internet “anarchic”. He called on communication providers and internet companies to do more to protect the public from terrorism and serious crime. Speaking at a law enforcement conference in New York, Sir Bernard said: "We cannot allow parts of the internet - or any communications platform - to become dark and ungoverned space where images of child abuse are exchanged, murders are planned, and terrorist plots are progressed."
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The views expressed in this section are not our own, unless specifically stated, but are provided to highlight what may prove to be prophetically relevant material appearing in the media.