UK - Membership of the EU has not given the UK any "insider advantages" in trade with other European countries, social policy think tank Civitas says. In a study it finds "no discernible impact on UK exports of goods to other member countries" from membership of the EU or its single market. The study also questions claims that collectively negotiated EU free trade agreements (FTAs) benefitted the UK. It seems to contradict analysis by the Confederation of British Industry. The report concludes: "The evidence presented contradicts again and again those who wish to claim that the UK has enjoyed insider advantages in the single market."
ISRAEL - As detailed in a recent report released by the National Insurance Institute (NII), a total of 2,495 Israeli civilians have been murdered in terrorist attacks since the establishment of the State of Israel in 1948. Those victims have left behind 2,853 orphans - 99 of whom lost both parents in terrorist atrocities. 978 people were widowed as the result of terrorism. Perhaps the most painful statistic of all are the 800 parents in Israel today who have lost at least one child to terrorism. That number does not count parents who lost children but have since passed away themselves.
MIDDLE EAST - While the unity deal between Hamas and Palestinian Authority (PA) Chairman Mahmoud Abbas's Fatah faction have spelled the death of the peace talks, further evidence documents how Fatah's position mirrored that of Hamas even at the height of talks. Last December, while US Secretary of State John Kerry was planning a diplomatic "January offensive" to force Prime Minister Binyamin Netanyahu to submit to US peace plans demanding massive Israeli concessions, Fatah official Tawfiq Tirawi was busy expounding his own plans of another kind of "offensive."
ISRAEL - Hamas will never recognize Israel and will not accept the conditions laid out by the Middle East peacemaking Quartet, according to the Islamist movement's deputy leader. Speaking late on Saturday, Mussa Abu Marzuq said Hamas, which recently signed a reconciliation deal with the Western-backed Palestinian leadership in Judea and Samaria, would never agree to recognize Israel. "We will not recognize the Zionist entity," he said at a press conference in Gaza City. Under terms of the deal, Gaza's Hamas rulers and the Palestine Liberation Organisation of Mahmud Abbas are to work together to form a new unity government which will prepare for national elections. Hamas won a landslide victory in the last parliamentary election, held in 2006, prompting a Western boycott of the Palestinian Authority.
SANTA BARBARA, CALIFORNIA, USA - This seaside city thought it had the perfect solution the last time California withered in a severe drought more than two decades ago: Tap the ocean to turn salty seawater to fresh water. The $34 million desalination plant was fired up for only three months and mothballed after a miracle soaking of rain. As the state again grapples with historic dryness, the city nicknamed the "American Riviera" has its eye on restarting the idled facility to hedge against current and future droughts. This community can't conserve its way out of this drought as it currently has been unfolding - it's just been unprecedentedly dry.
JAPAN - Japan marked the 67th anniversary of its postwar constitution Saturday with growing debate over whether to revise the war-renouncing charter in line with Prime Minister Shinzo Abe's push for an expanded role for the military. The ruling conservative party has long advocated revision but been unable to sway public opinion. Now Abe is proposing that the government reinterpret the constitution to give the military more prominence without having to win public approval for the revisions. His push, backed by the US which wants Japan to bear a greater burden of its own defense, has upset the liberals who see it as undermining the constitution and democratic processes. An Abe-appointed panel of defense experts is currently finalizing a recommendation to allow collective self-defense, expected in mid-May, which would pave the way for a Cabinet approval.
IRAN - There are no limitations on German banks opening branches and offices in Iran, Behrouz Alishiri, the head of Iran’s Organization for Investment and Economic and Technical Assistance, said. In a meeting with a delegation of German businessmen in Tehran, Alishiri said the volume of trade between Iran and Germany has dropped in the past two years due to international economic sanctions imposed on Iran, the Mehr News Agency reported on Saturday.
USA - Gene Robinson, the first openly gay bishop in the Anglican church, whose ordination split the church in the United States, is to divorce his husband after four years of marriage. The 66-year-old retired bishop married in 2010 when the state of New Hampshire legalised gay marriage, but had been in a relationship with his partner, Mark Andrew, for more than 25 years before announcing the split in an email to the diocese of New Hampshire last weekend. In an article explaining the divorce, Bishop Robinson said that specific reasons would be remain private, but said responsibility fell “on the shoulders of both parties” while paying tribute to Mr Andrew as one of the “kindest, most generous and loyal human beings on earth”.
VATICAN/ISRAEL - In his trip to Jordan, West Bank and Israel between May 24-26, Pope Francis will visit sites important to Christians, Jews and Muslims alike. After spending Saturday, May 24 in Jordan, Pope Francis will arrive in the West Bank on May 25. He will meet with leaders of the Palestinian Authority, and then conduct a holy mass at Manger Square, an important city square in central Bethlehem. The square is home to the Church of the Nativity – the birthplace of Jesus Christ, according to Christian tradition.
MIDDLE EAST - During a recent conference in Milan, Italy, an imam from the Al-Aqsa Mosque called on “Arab legions” to attack Jaffa and Haifa. The public address delivered by Imam Raed Al-Daan aired on the Al-Jazeera network on April 27 and was translated by the Middle East Media Research Institute (MEMRI).
UK - Teachers in Bradford are fighting to prevent a takeover of Muslim-majority state schools by a group closely linked to the alleged “Trojan Horse” plotters in Birmingham. Two successful head teachers in the Yorkshire city have left their jobs and a third has been subjected to “constant” criticism by governors trying to “drive her out”, staff at the schools concerned said.
USA - The last two times when margin debt reversed and fell after a record-breaking spike, all hell broke loose. In 2000, it was simultaneous. In 2007, it was delayed by a few months. On the surface, everything is still hunky-dory. The Dow is just fractions below its all-time high that it set on Wednesday. But beneath the surface, parts of the stock market are already coming unglued, and holders of momentum stocks have been eviscerated.
USA - The Department of Justice is “considering” initiating criminal charges against 2 banks. In response, the normal cast of characters is saying – as they have for years – that prosecuting banks will cause a meltdown of the economy.
EUROPE - The people of Europe are finally pushing back against the European Super State, if recent polls are anything to go by. Having grown weary of being treated as lab rats in an increasingly dysfunctional economic and political experiment, a large minority of Europeans seem intent on voting for euroskeptic parties in the upcoming European elections.
USA - The unemployment rate dropped to 6.3 percent in April from 6.7 percent in March, the lowest it has been since September 2008 when it was 6.1 percent. The sharp drop, though, occurred because the number of people working or seeking work fell. The Bureau of Labor Statistics does not count people not looking for a job as unemployed. The amount of Americans not in the labor force in April rose to 92,594,000, almost 1 million more than the previous month. In March, 91,630,000 Americans were not in the labor force, which includes an aging population that is continuing to head into retirement.