Nov 242019
 
 November 24, 2019  Posted by at 9:51 am Finance Tagged with: , , , , , , , ,  21 Responses »


Pablo Picasso Portrait de femme (Dora Maar) 1943

 

Does Trump Have Bunch Of ‘Losers’ To Thank For Growing Economy? (Charlie Hall)
Phase 2 of the Great American Shale Oil & Gas Bust (WS)
Britain’s Carmakers Fear The Wheels Are Coming Off (G.)
Brick & Mortar Melts Down as Ecommerce Jumps by Most Ever (WS)
Ukraine, Trump, & Biden – The Real Story Behind “Ukrainegate” (Zuesse)
Yes, Ukraine Interference In The 2016 Presidential Election (Levine)
Internal OPCW E-Mail (WikiLeaks)
New Sexed-Up Dossier Furore: The Leaked Email In Full (DM)
How The Firm Lost Its Grip (O.)
Met Faces New Questions Over ‘Trafficked’ Teen In Epstein Case (G.)
Pilger Blasts ‘Cruel’ Media Coverage Of Julian Assange (RT)

 

 

Good friend Charlie Hall on America’s reality. Shale losses keep on coming.

Does Trump Have Bunch Of ‘Losers’ To Thank For Growing Economy? (Charlie Hall)

U.S. oil production originally peaked in 1970, and gas in 1973, but declined through 2007, when production was revitalized by the process of lateral drilling and “fracking.” This technological miracle allowed us to exploit deposits formerly considered low-grade. Now the United States produces more oil than it ever has, and is, with Saudi Arabia and Russia, one of the top three oil producers in the world. Fracking has also reversed the long decline of U.S. natural gas production, allowing the substitution of gas for coal and a proliferation of cheap plastics. But, curiously, this renaissance of petroleum in the United States has not led to a resurgence of profits in the oil and gas industry.

Quite the opposite, because almost none of the companies that have invested in fracking are turning a profit. Investors in this industry are losing a lot of money, some $83 billion since 2008, according to oil analyst Arthur Berman. This situation means that relatively cheap oil and gas are keeping the U.S. economy strong. But this cheap oil and gas is being partially subsidized by investors who are either losing money or receiving a poor return on investment. In this respect, President Trump has these financial “losers” to thank for a large part of the current health of the U.S. economy. This relation among oil supplies, prices and the political winds is not new and works both ways.

Presidents Gerald Ford and Jimmy Carter were in office during the economically disastrous increase in the price of oil from less than $4 a barrel in 1972 to more than $35 in 1979. Both lost in their reelection bids. In 1980 and 1984, Ronald Reagan ran on a platform of “Let’s make America Great again” and “It’s morning again in America,” which coincided with the decline in oil prices during the 1980s. In the U.K., Margaret Thatcher was floundering in popularity in 1980, but then received most of the credit for the remarkable recovery of the U.K. economy. Was it her conservative management style, or the development of the North Sea oil, which occurred on her watch? Now that the North Sea oil boom is over, the U.K. economy is struggling again.

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And there’s more. Chesapeake is but one example.

Phase 2 of the Great American Shale Oil & Gas Bust (WS)

In 2019 through third quarter, 32 oil and gas drillers have filed for bankruptcy, according to Haynes and Boone. Since the end of September, a gaggle of other oil and gas drillers have filed for bankruptcy, including last Monday, natural gas producer Approach Resources. This pushed the total number of bankruptcy filings of oil and gas drillers since the beginning of 2015 to over 200. Other drillers, such as Chesapeake Energy, are jostling for position at the filing counter. Chesapeake has been burning cash ever since it started fracking. To feed its cash-burn machine, it has borrowed large amounts and has been buckling under its debt for years, selling assets to raise cash and keep drilling for another day.

But its debt is still nearly $10 billion. Its shares [CHK] closed on Friday at 59 cents. On November 5, in an SEC filing, it warned of its own demise unless oil and gas prices surge into the sky asap: “If continued depressed prices persist, combined with the scheduled reductions in the leverage ratio covenant, our ability to comply with the leverage ratio covenant during the next 12 months will be adversely affected which raises substantial doubt about our ability to continue as a going concern.” In early 2016, during Phase 1 of the oil bust — which had started in mid-2014 — Chesapeake had already used the threat of bankruptcy to push its creditors into accepting a debt restructuring. At the time, it was the second largest natural gas producer in the US.

The debt restructuring reduced its debt burden somewhat and pushed maturities out, which then allowed it to borrow new money from new investors with a series of bond sales. This coincided with the Wall Street floodgates reopening to the oil and gas sector, when PE firms, hedge funds, and distressed-debt funds piled billions of dollars into the sector, and many of the oil and gas drillers were able to raise more cash to burn. Chesapeake’s series of bond sales that it then undertook included, in January 2018, $1.25 billion of senior unsecured convertible notes with a coupon of 5.5%, due in September 2026. It issued those bonds at a discount, but by July 2018, a few months before Phase 2 of the oil bust set in, the bonds were trading at 103 cents on the dollar. On Friday, the last trade was at 45 cents on the dollar, giving these bonds a yield of over 21%:

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But still fascinated with Musk. Why?

Britain’s Carmakers Fear The Wheels Are Coming Off (G.)

The Society of Motor Manufacturers and Traders is due to release numbers this week on car, commercial vehicle and engine manufacturing – figures that so far this year have been in reverse. At its last outing, the SMMT said that UK car production had fallen by a “bitterly disappointing” 3.8% during September, adding to a turbulent year-to-date in which political and economic turmoil, softness in key markets and operational changes have been blamed for a 15.6% slump. Unsurprisingly, the SMMT’s boss, Mike Hawes, warned that the industry was most worried about “the continued threat of a no-deal Brexit”, which is said to have caused “international investment to stall” and cost hundreds of millions of pounds, “money that would have better been spent in meeting the technological challenges facing the global industry”.

Hawes’s comments dovetail with a different announcement from earlier this month, when Tesla’s chief executive, Elon Musk, said that the electric carmaker would be building its first major European factory on the outskirts of Berlin. “Brexit made it too risky to put a Gigafactory in the UK,” the entrepreneur said, to the delight of Remain campaigners. “[Boris] Johnson’s super-hard Brexit plan would see new trade barriers with our European partners,” wrote Lib Dem deputy leader Ed Davey in the Financial Times. “This will drive down already stagnant business investment … We must take seriously Mr Musk’s announcement.”

If he could be persuaded to comment on Tesla, Johnson would surely say the uncertainty will disappear as soon as we Get Brexit Done™. But Musk’s decision still seems like a missed opportunity, as he’s previously expressed an admiration for UK manufacturing – and F1 nous in particular. “We have a lot of respect for the British automotive engineering talent,” the billionaire told the Daily Telegraph in 2016. “Just look at Formula One – it amazes me how much British talent there is in that. We are likely to establish a Tesla engineering group in Britain at some point in the future.”

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So where will the kids meet now? Online only?

Brick & Mortar Melts Down as Ecommerce Jumps by Most Ever (WS)

Ecommerce sales in the third quarter 2019 spiked 17.3% from a year ago to $145.7 billion, not seasonally adjusted, according to the Commerce Department. On a seasonally adjusted basis, sales hit $154.5 billion. Ecommerce sales will exceed $600 billion in 2019, double the amount five years ago. In dollar terms, ecommerce sales jumped by $20.4 billion in Q3 compared to a year ago, the biggest dollar-jump in the history of ecommerce:

[..] Ecommerce is wiping out department stores one by one. The long-cherished destination for American shoppers is doomed. Sears is just the latest example of a long list of examples. Others will follow. Sales at brick-and-mortar department stores in Q3 fell 5.7% year-over-year to a new multi-decade low of $33.8 billion (seasonally adjusted). They’ve collapsed by 41% from the peak in Q4 2000 and by 20% from the beginning of the data series in 1992. People who still think that this trend is somehow going to turn around are fooling themselves. This is the brick-and-mortar business Macy’s, Nordstrom, and Sears are in:

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An enormous effort by Eric Zuesse. This is just a small sample. Impossible to choose from all the material.

Ukraine, Trump, & Biden – The Real Story Behind “Ukrainegate” (Zuesse)

Donald Trump has surrounded himself with neoconservatives. There’s not much distance between his policies toward Ukraine versus Barack Obama’s and Joe Biden’s. However, after Trump becomes impeached in the House (if that happens) and the impeachment trial starts in the Republican U.S. Senate, there will then be a perfect opportunity for Trump to embarrass the Democratic Party profoundly by exposing not only Joe Biden but Biden’s boss Obama as having caused the war in Ukraine. In order for him to do that, however, he’d also need to expose the rot of neoconservatism. Nobody in Washington does that, except, perhaps the rebelling Democrat, Tulsi Gabbard, and she’s rejected in the national polls now by the public within her own Party.

Neoconservatism is the uniform foreign-policy ideology of America’s billionaires, both Republican and Democratic, and this is why Washington is virtually 100% neocon. In America, wealth certainly doesn’t trickle down, but ideology apparently does — and that’s not merely neoliberalism but also its international-affairs extension: neoconservatism. Nonetheless, if a Trump re-election ticket were Trump for President, and Gabbard for Vice President, it might be able to beat anything that the Democrats could put up against it, because Trump would then head a ticket which would remain attractive to Republicans and yet draw many independents and even the perhaps 5% of Democrats who like her.

Only Sanders, if he becomes the Democratic nominee (and who is the least-neoconservative member of the U.S. Senate), would attract some of Gabbard’s supporters, but he wouldn’t be getting any money from the 607 people who mainly fund American politics. The 2020 U.S. Presidential contest could just go hog-wild. However, America’s billionaires probably won’t let that happen. Though there are only 607 of therm, they have enormous powers over the Government, far more than do all other Americans put together. The U.S. Supreme Court made it this way, such as by the 1976 Buckley decision, and the 2010 Citizens United decision.

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“Back in 2016, no one thought that Trump would win the presidency. So why bother hiding it?”

Yes, Ukraine Interference In The 2016 Presidential Election (Levine)

Let’s start with a fact: Meddling in the 2016 election by Ukrainian politicians and government agencies happened. The above is true and no amount of denial is going to change that. What’s more: Ukrainian nationals didn’t just meddle on their own, they also worked with Americans — including Ukrainian-American political operatives on the payroll of the Democratic Party. Not only did all this happen, it was written up as fact by establishment papers and outlets as varied as Yahoo, Politico, and the Financial Times in 2016 on the eve of the election. The involvement of Ukrainian pols and officials in all of this has never been secret. It was acknowledged at the time. The principle actors openly talked and bragged about their exploits in the press. And why not? Back in 2016, no one thought that Trump would win the presidency. So why bother hiding it?

One of the best examples of this is the plot to take down Paul Manafort — the sleazy Republican political consultant who had long worked in Ukraine and who headed Donald’s Trump campaign. In 2016, Serhiy Leshchenko, a Ukrainian member of parliament and an anti-corruption activist (who got embroiled in his own corruption scandal), coordinated the release of a handwritten ledger. The document purported to show off-the-book payments made to Manafort from the Party of the Regions — the political arm of the Viktor Yanukovich, the Ukrainian President who had been overthrown in a coup-type revolt by a much more western-friendly political faction. The ledger itself was released by NABU, a Ukrainian government anti-corruption organization set up as result of prodding by the Obama Administration and which was run with the backing and financial support of the FBI.


(As an aside: NABU — which also got embroiled into its own political corruption scandal — also happens to be at the heart of an internal Ukrainian political fight that sucked in ex-Ambassador Marie Yovanovitch. But that’s a different and complicated story. And then there’s the weird angle of the FBI being so closely involved with NABU at a time when this Ukrainian anti-corruption agency decided to involve itself in an American election.) Anyway, Leshchenko — a foreign politician — made clear that his objective at the time was to kill off Trump’s candidacy. That’s a direct admission of meddling. As Oleksiy Kuzmenko has documented so well, Leshchenko repeated this statement in various ways in both English and Ukrainian over and over again.

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We’ve known this for a while. The OPCW is a cesspool.

Internal OPCW E-Mail (WikiLeaks)

Wikileaks today publishes an e-mail, sent by a member of an OPCW fact-finding mission to Syria to his superiors, in which he expresses his gravest concern over intentional bias introduced to a redacted version of the report he co-authored. The Organisation for the Prohibition of Chemical Weapons sent a team of experts to investigate allegations that a chemical attack took place in the Syrian city of Douma on the 7th of April 2018. The author of the e-mail was a member of that team and claims the redacted preliminary version of the report, misrepresents the facts he and his colleagues discovered on the ground. The e-mail is dated 22nd of June. It is addressed to Robert Fairweather, Chief of Cabinet, and forwarded to his deputy Aamir Shouket and members of the fact-finding mission to Douma.

He says this misrepresentation was achieved by selective omission, introducing a bias which undermines the credibility of the report. Further it is claimed that crucial facts, that have remained in the redacted version: “…have morphed into something quite different to what was originally drafted.” This is said to have been done at the behest of the Office of the Director General (a post that was held by Turkish diplomat Ahmet Üzümcü at the time, he has since been replaced by Spaniard Fernando Arias). The attack in question was widely attributed to the Syrian Army, based on reports by rebel forces that were present in Douma at the time, and this assertion was backed up by the United States, British and French governments. These three countries carried out air strikes against Syrian government targets in response, on the 14th of April 2018.

This was before the fact-finding team had gained access to the site in Douma, the mission there was delayed for nearly two weeks by entrenched rebel fighters and subsequent clashes between the rebels and government forces that moved into the area. Upon arrival the team found much of the physical evidence, including the bodies of the deceased, was no longer available. It was alleged that 49 had died and up to 650 had been seriously affected by a weaponized chemical gas released in a specific area of rebel-held Douma on that day in April. Rebels claimed the gas came from cylinders dropped from aircraft, clearly implicating Syrian government forces who had complete air superiority.

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The actual email, part of a long article by Peter Hitchens for the Daily Mail of all places.

New Sexed-Up Dossier Furore: The Leaked Email In Full (DM)

Dear ******,

I wish to express, as a member of the FFM (Fact Finding Mission) team that conducted the investigation into the alleged chemical attack in Douma on 7 April, my gravest concern at the redacted version of the FFM report, which I understand was at the behest of the ODG. (Office of the Director General). After reading this modified report, which incidentally no other team member who deployed into Douma has had the opportunity to do, I was struck by how much it misrepresents the facts. Many of the facts and observations outlined in the full version are inextricably interconnected and, by selectively omitting certain ones, an unintended bias has been introduced into the report, undermining its credibility. In other cases, some crucial facts that have remained in the redacted version have morphed into something quite different to what was initially drafted. If I may, I will outline some specific aspects to the redacted report that are particularly worrisome.

The statement in paragraph 8.3 of the final conclusions ‘The team has sufficient evidence at this time to determine that chlorine, or another reactive chlorine-containing chemical, was likely released from cylinders’, is highly misleading and not supported by the facts. The only evidence available at this moment is that some samples collected at Locations 2 and 4 were in contact with one or more chemicals that contain a reactive chlorine atom. Such chemicals could include molecular chlorine, phosgene, cyanogen chloride, hydrochloric acid, hydrogen chloride or sodium hypochlorite (the major ingredient of household chlorine-based bleach). Purposely singling out chlorine gas as one of the possibilities is disingenuous. It is also worth noting that the term ‘reactive chlorine-containing chemical’ used in the redacted report is, in fact, inaccurate. It actually describes a reactive chemical that contains chlorine which itself (the chlorine) is not necessarily reactive e.g. chlorophenol. The original report uses the more accurate term ‘a chemical containing reactive chlorine’.

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Pedophilia will do that. Time to get rid of the lot.

How The Firm Lost Its Grip (O.)

Future historians may conclude that Prince Andrew’s defining achievement was to gift the nation a new verb. Following a tumultuous week when his car-crash interview shook the House of Windsor so vigorously it seemed its palaces were in danger of losing their crenellations, the Duke of York now finds himself banished from duties. His fate is the 21st-century equivalent of that which befell the difficult minor royals of previous eras who were locked up in asylums, away from the public gaze. “Prince Andrew has been de-royaled, if there is such a word,” said the historian and biographer Robert Lacey, an adviser to the acclaimed Netflix series The Crown.


Photograph: Chris Jackson/Getty Images

“At the risk of sounding melodramatic, I really would compare it to 1936 and the abdication of Edward VIII. What we are talking about is effectively the removal of a member of the royal family as a result of public opinion.” The duke can take some comfort from the knowledge that if he had been around a few hundred years ago, things could have been worse. “One can even compare it to 1649, when Charles I was executed,” Lacey said. “This is a reminder that what was an institution of absolute power now depends ultimately on the consent and approval of the communities it seeks to represent, and Prince Andrew failed in this respect.”


Princess Diana’s bombshell Panorama confession did huge damage to the royal family. Prince Charles’s decision to admit to adultery via a television interview greatly reduced his standing in the eyes of the public. “Andrew is a bit of a plonker, everybody knows that,” said one source close to the palace. “There’s no way he should have been allowed to do that interview. They should have just sent him off to Australia. That would have been a bloody good idea. Out of sight, out of mind.”

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They knew about Andrew and kept quiet. Time to get rid of the lot.

Met Faces New Questions Over ‘Trafficked’ Teen In Epstein Case (G.)

The Victims’ Commissioner is demanding that the Metropolitan Police explain its decision not to pursue a full investigation into claims a teenager was trafficked to the UK to have sex with Prince Andrew. The Observer understands that Dame Vera Baird QC, a former solicitor general and chair of the Board of the Association of Police and Crime Commissioners, has taken a close interest in the allegations, first examined by Scotland Yard in 2015. Baird, who has focused on protecting victims of sexual and domestic abuse throughout her career, is currently observing election purdah and cannot speak to the media. However, prior to the election she made her views known to a victims’ rights campaigner, telling him that she would be requesting a meeting with the Met once purdah was over.


“Before the election was called I spoke at length with the Victims’ Commissioner and we both find it extraordinary that this matter was not proceeded with,” Harry Fletcher said. The Met has said that its investigators reviewed all “available evidence” after receiving a complaint relating to claims that were made in court documents. It was alleged that in 2001 a 17-year-old, now known to be Virginia Roberts, was “forced to have sex with Prince Andrew”, purportedly at the London home of socialite Ghislaine Maxwell, the one-time girlfriend of the late disgraced financier Jeffrey Epstein. His victims are now bringing claims for damages against his estate. It is understood that lawyers for Roberts also independently contacted the force in 2016. But the Met chose not to pursue a full investigation.

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“..the right to suck up to power..”

Pilger Blasts ‘Cruel’ Media Coverage Of Julian Assange (RT)

In a wide-ranging dismantling of mainstream media reporting on Julian Assange, award-winning journalist John Pilger has blasted the Guardian for its coverage of the WikiLeaks founder. Pilger took aim at a Guardian editorial published this week, which made the case for not extraditing the Australian to the US, where he could face 175 years behind bars for possession and dissemination of classified information. The BAFTA award-winning documentary filmmaker has offered his interpretation of what the editorial actually meant “What the Guardian was really saying was this: ‘We are the fourth estate, the bearers of true liberal principles, the guardians of sacred rights. Such as the right to suck up to power. The right to invade countries and the right to smear those who expose our double standards and, if necessary, the right to destroy them,’” he said.


If Julian were to succumb to the cruelty he has endured, week after week, month after month, newspapers like the Guardian would share the responsibility. Pilger is one of the contributors to a new book titled ‘In Defense of Julian Assange,’ and he made the comments at the book’s launch in London on Saturday. Writer and activist Tariq Ali, fashion designer Vivienne Westwood, actress Pamela Anderson, and former diplomat Craig Murray are among the other high-profile names who contributed to the book, which is an essay compilation on the prosecution of Assange and freedom of speech.

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Nov 062019
 
 November 6, 2019  Posted by at 9:34 am Finance Tagged with: , , , , , , , , , , ,  17 Responses »


Dorothea Lange ‘We’re bound for Kingfisher (OK wheat) and Lubbock (TX cotton). We’ll be in California yet. 1938

 

ABC Stopped Jeffrey Epstein Report ‘Amid Palace Threats’ (BBC)
MSM Execs Part Of ‘Network Of People’ That Covered For Epstein – O’Keefe (RT)
Roger Stone, Trump Friend And Alleged Tie To WikiLeaks, Faces Trial (NPR)
Amid 2016 Election, State Dept Saw Burisma As Joe Biden’s Issue (Solomon)
Sondland Reverses Himself On Ukraine (Pol.)
Ryanair Grounds Three Boeing 737s After Cracks Found (G.)
Boeing Whistleblower Raises Doubts Over 787 Oxygen System (BBC)
The Recession In The Auto Industry Is Tanking The Global Economy (ZH)
China Signs Nearly 200 Deals For New Silk Road Projects (RT)

 

 

The BBC turns on Andrew?

ABC Stopped Jeffrey Epstein Report ‘Amid Palace Threats’ (BBC)

Leaked footage shows a US TV anchor complaining that editors “quashed” a story about paedophile Jeffrey Epstein due to pressure from the Royal Family. ABC’s Amy Robach is seen in the clip griping that her interview with an alleged victim of Epstein and Prince Andrew never made it to air. “The Palace found out,” she says, “and threatened us a million different ways.” An ABC news executive said there was “zero truth” to the assertion. Epstein, a wealthy and well-connected financier, was found dead in a jail cell in August while awaiting trial for sex crimes. His death was ruled a suicide by investigators. In the video, Ms Robach vents frustration that her 2015 interview with Virginia Giuffre – formerly Virginia Roberts – was never broadcast.

The clip was leaked on Tuesday by Project Veritas, a group that seeks to expose perceived liberal bias in the mainstream media. Ms Giuffre, 35, alleges she was abused by Epstein and was ordered to have sex with powerful men including Prince Andrew, the Duke of York. In court documents she said she was forced to have sex with the British royal on three separate occasions while she was under the legal age of consent. Prince Andrew has denied having “any form of sexual contact or relationship” with Ms Giuffre. In 2015, a judge ruled that the allegations made by Ms Giuffre regarding Prince Andrew were “immaterial and impertinent” and ordered them to be removed from a claim against Epstein.

“I’ve had this story for three years. I’ve had this interview with Virginia Roberts,” says Robach, speaking to someone off-camera. “We would not put it on the air. First of all, I was told, ‘who’s Jeffrey Epstein? No one knows who that is. This is a stupid story.’ “Then the Palace found out that we had her whole allegations about Prince Andrew and threatened us a million different ways. “We were so afraid that we wouldn’t be able to interview Kate and Will. “That also quashed the story,” the host of ABC’s 20/20 programme added. Robach also says that the interview included allegations against former US President Bill Clinton. “We had everything,” she continues. “I tried for three years to get it on, to no avail. “And now it’s all coming out and it’s like these new revelations and I freaking had all of it.”

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“They’re fine airing the allegations against Brett Kavanaugh, or [President Donald] Trump, or anybody else, but when it comes to Bill Clinton and some of these folks who are mentioned by Amy in this hot mic tape, they say they just didn’t have enough corroboration..”

MSM Execs Part Of ‘Network Of People’ That Covered For Epstein – O’Keefe (RT)

ABC and other mainstream media outlets refused to cover accusations against sex predator Jeffrey Epstein because “a network of people” that includes their executives were implicated, James O’Keefe of Project Veritas told RT. The Disney-owned network has doubled down on its insistence that anchor Amy Robach’s story on Epstein three years ago lacked “enough corroboration” and thus wasn’t aired. This was after Project Veritas released a “hot mic” video of Robach slamming the decision to quash the story. The conservative filmmaker told RT on Tuesday that he believes ABC’s refusal to budge from that explanation backs up Robach’s claim that “a network of people” – including the executives running her channel – are “covering up for this” because they are somehow “implicated.”

Robach had interviewed Epstein’s alleged sex slave Virginia Roberts Giuffre and other victims and claimed to have pictures and other proof to back up her story. The never-aired exposé was such a bombshell that it provoked intimidating calls from “the [UK royal] palace, which threatened [ABC] a million different ways,” and Epstein lawyer Alan Dershowitz – and the media establishment, O’Keeffe said, is very susceptible to such threats. Mainstream media’s decisions to suppress major stories like Epstein or the allegations of sexual assault against Hollywood producer Harvey Weinstein have contributed to a wholesale abandonment of trust in the media by the American people, O’Keeffe continued.

“It’s quite telling that this insider leaked this tape to Project Veritas and not the Washington Post, New York Times, CBS or CNN, because they seem to want to protect the people that were working with Jeffrey Epstein,” he added. They’re fine airing the allegations against Brett Kavanaugh, or [President Donald] Trump, or anybody else, but when it comes to Bill Clinton and some of these folks who are mentioned by Amy in this hot mic tape, they say they just didn’t have enough corroboration,” O’Keefe said, recalling that Robach had specifically mentioned that “we had [Bill] Clinton.”

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The advantages of silencing Assange: people can claim anything at all that would support any claim at all no matter how absurd. Assange and Wikileaks have denied any link to Stone, and he himself has too. But it no longer matters with Julian locked up in solitary. And now they use Stone’s empty braggadocio in an actual trial?!

Literally nothing in this report from NPR is true. But who cares anymore?

Roger Stone, Trump Friend And Alleged Tie To WikiLeaks, Faces Trial (NPR)

Stone and some of his associates may have been links in a chain that connected Trump in New York City with WikiLeaks founder Julian Assange in London, who at the time had confined himself in the Ecuadorian Embassy there. Assange, in turn, was in contact with Russia’s military intelligence agency, the GRU, which had stolen a trove of embarrassing material from political targets in the United States. WikiLeaks released many of those emails and other documents with disruptive effects on political life in the U.S. — and enjoyed public encouragement by Trump and his campaign. What Mueller’s investigation revealed was how much Trump and aides worked to get more.


The campaign built into its plans the expectation that there would be more damaging revelations about Hillary Clinton, and Trump’s campaign bosses also sought contact with some people connected with the interference over the course of the election season. Charging documents in Stone’s case describe a message from one of Stone’s contacts depicting the person in a photo taken outside the Ecuadorian Embassy — implying that he’d visited Assange — and other messages in which Stone and associates discuss the prospect of more “dumps” from WikiLeaks.

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Solomon rules.

Amid 2016 Election, State Dept Saw Burisma As Joe Biden’s Issue (Solomon)

In recent interviews, Joe Biden has distanced himself from his son’s work at a Ukrainian gas company that was under investigation during the Obama years, with the former vice president suggesting he didn’t even know Hunter Biden served on the board of Burisma Holdings. There is plenty of evidence that conflicts with the former vice president’s account, including Hunter Biden’s own story that he discussed the company once with his famous father. There also was a December 2015 New York Times story that raised the question of whether Hunter Biden’s role at Burisma posed a conflict of interest for the vice president, especially when Joe Biden was leading the fight against Ukrainian corruption while Hunter Biden’s firm was under investigation by Ukrainian prosecutors.

But whatever the Biden family recollections, the Obama State Department clearly saw the Burisma Holdings investigation in the midst of the 2016 presidential election as a Joe Biden issue. Memos newly released through a Freedom of Information Act lawsuit filed by the Southeastern Legal Foundation on my behalf detail how State officials in June 2016 worked to prepare the new U.S. ambassador to Ukraine, Marie Yovanovitch, to handle a question about “Burisma and Hunter Biden.” In multiple drafts of a question-and-answer memo prepared for Yovanovitch’s Senate confirmation hearing, the department’s Ukraine experts urged the incoming ambassador to stick to a simple answer. “Do you have any comment on Hunter Biden, the Vice President’s son, serving on the board of Burisma, a major Ukrainian Gas Company?,” the draft Q&A asked.

The recommended answer for Yovanovitch: “For questions on Hunter Biden’s role in Burisma, I would refer you to Vice President Biden’s office.” The Q&A is consistent with other information flowing out of State. As I reported yesterday, when a Burisma representative contacted State in February 2016 to ask for the department’s help in quashing the corruption allegations, Hunter Biden’s role on the company’s board was prominently cited. And a senior State Department official who testified recently in the impeachment proceedings reportedly told lawmakers he tried to warn the vice president’s office that Burisma posed a conflict for Joe Biden but was turned aside. There are no laws that would have prevented Hunter Biden from joining Burisma, even as his father oversaw Ukraine policy for the President Obama..

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400 pages means hours and hours of testimony, but he ‘forgot’ to mention the one thing he knew very well was key to it all? And now, after talking to “the right” people, he suddenly remembers? I’d give Sondland an F- on credibility.

Sondland Reverses Himself On Ukraine (Pol.)

In his revised testimony, released Tuesday by House impeachment investigators, Sondland said that during a Sept. 1 meeting in Warsaw, Poland, Ukrainian President Volodymyr Zelensky raised his concerns to Vice President Mike Pence about the suspension of military aid. Sondland, Trump’s ambassador to the European Union, added that he later told Andriy Yermak, a top Ukrainian national security adviser, the aid would be contingent on Trump’s desired investigations. “After that large meeting, I now recall speaking individually with Mr. Yermak, where I said that resumption of U.S. aid would likely not occur until Ukraine provided the public anti-corruption statement that we had been discussing for many weeks,” Sondland wrote in his addendum, which was released alongside a nearly 400-page transcript of his testimony.


Sondland revealed the exchange in supplemental testimony he submitted to House impeachment investigators on Monday, saying he had failed to recall the episode when he testified in person last month. Sondland, who had a direct line to Trump and was a major donor to his 2016 presidential campaign, had previously indicated he was unaware of any effort to connect military aid to Trump’s demand for politically motivated investigations. Sondland was eager to maintain that public posture, even with other U.S. officials working on Ukraine policy. Eight days after privately telling Yermak that military aid was contingent on Trump’s desired investigations, Sondland wrote in a text message to William Taylor, the top U.S. diplomat in Ukraine, that Trump had been “crystal clear” that there was no quid pro quo involving military aid and publicly announced investigations.

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It’s all over now, baby blue.

Ryanair Grounds Three Boeing 737s After Cracks Found (G.)

At least three Ryanair Boeing 737s have been grounded due to cracks between the wing and fuselage but this was not disclosed to the public, the Guardian can reveal. The budget Irish airline is the latest to be affected by faults in the “pickle fork” structure, which has sparked an urgent grounding of 50 planes globally since 3 October. While other airlines, such as Australia’s Qantas and America’s Southwest, have disclosed the number of their planes affected by the cracks, Ryanair – which operates the largest fleet of 737s in Europe – has previously refused to confirm how many of its planes have been affected. Last Thursday, the airline told the Irish Times it “does not expect” the global pickle fork issue would “have any impact upon our operations or fleet availability”.


The Guardian can now reveal three of their planes have been affected by the issue. It is understood that experts do not regard the presence of the cracks as a safety issue as long as appropriate checks are carried out. The grounded planes have the registration numbers EI-DCL, EI-DAL and EI-DCJ. All three are more than 15 years old. Flight tracking site Flight Aware shows that DCL and DAL are both currently in a known plane repair site, the Southern California Logistics Airport in Victorville, California. The third plane, DCJ, is in storage at Stansted airport in London. A copy of internal Ryanair engineering logs, seen by the Guardian, lists all three as having “pickle fork cracks”. “AOG [aircraft on ground] – R/H pickle fork crack – on repair in VCV [Victorville],” the logs for DAL read.

Read more …

Boeing’s response and defense: “safety, quality and integrity are at the core of Boeing’s values”. Maybe try another line next time.

Boeing Whistleblower Raises Doubts Over 787 Oxygen System (BBC)

A Boeing whistleblower has claimed that passengers on its 787 Dreamliner could be left without oxygen if the cabin were to suffer a sudden decompression. John Barnett says tests suggest up to a quarter of the oxygen systems could be faulty and might not work when needed. He also claimed faulty parts were deliberately fitted to planes on the production line at one Boeing factory. Boeing denies his accusations and says all its aircraft are built to the highest levels of safety and quality. The firm has come under intense scrutiny in the wake of two catastrophic accidents involving another one of its planes, the 737 Max.

Mr Barnett, a former quality control engineer, worked for Boeing for 32 years, until his retirement on health grounds in March 2017. From 2010 he was employed as a quality manager at Boeing’s factory in North Charleston, South Carolina. This plant is one of two that are involved in building the 787 Dreamliner, a state-of-the-art modern airliner used widely on long-haul routes around the world. Despite early teething problems following its entry into service the aircraft has proved a hit with airlines, and a useful source of profits for the company. But according to Mr Barnett, 57, the rush to get new aircraft off the production line meant that the assembly process was rushed and safety was compromised. The company denies this and insists that “safety, quality and integrity are at the core of Boeing’s values”.

In 2016, he tells the BBC, he uncovered problems with emergency oxygen systems. These are supposed to keep passengers and crew alive if the cabin pressurisation fails for any reason at altitude. Breathing masks are meant to drop down from the ceiling, which then supply oxygen from a gas cylinder. Without such systems, the occupants of a plane would rapidly be incapacitated. At 35,000ft, (10,600m) they would be unconscious in less than a minute. At 40,000ft, it could happen within 20 seconds. Brain damage and even death could follow.

Read more …

Best news ever for the climate movement.

The Recession In The Auto Industry Is Tanking The Global Economy (ZH)

The global economy continues to grind to a halt and the culprit has never been clearer: the auto industry. For the better part of almost 2 years now, we have been reporting monthly on marked slowdowns in key auto markets like China, North America and Europe. Now, the slowdown in this massive industry is what’s helping spur an overall global economic slowdown, according to FT. The reaches of the auto market go deep, with long supply chains and large consumption of raw materials, textiles, chemicals and electronics. The industry is home to millions of jobs and last year, the sector shrank for the first time since the global financial crisis. The IMF is estimating that this fall in output accounted for more than 25% of the slowdown in the global economy between 2017 and 2018.


The sector may also be responsible for up to 33% of the slowdown in global trade growth over the same period, the IMF said. Gian Maria Milesi-Ferretti, deputy director of the IMF’s research department said: “The car sector has been weighing heavily on manufacturing activity and growth.” And the fund’s forecast of a small lift in global trade in 2020 is dependent on a recovery in the auto sector. Conversely, the fund’s analysis also notes the potential further damage that could occur if the auto sector becomes the focus of the ongoing U.S./China trade war.

Read more …

But who pays? And in what currency?

China Signs Nearly 200 Deals For New Silk Road Projects (RT)

China’s trillion-dollar Belt and Road Initiative (BRI), also known as “One Belt, One Road,” has already attracted nearly 170 participants, Chinese President Xi Jinping has announced, vowing to further develop the project. “To date, China has signed 197 documents on Belt and Road cooperation with 137 countries and 30 international organizations,” he said in the opening speech at the China International Import Expo in Shanghai on Tuesday. The development of the initiative, which is aimed at boosting trade connections across the world and linking China with other countries, is a central part of plans to open up the Chinese market, according to Xi.


Other proposed measures include boosting investment and imports, lowering tariffs, developing free-trade zones, improving business environment as well as deepening bilateral and multilateral cooperation. “Standing at a new historical starting point, China will open its door only wider to the world,” Xi stated, calling for other countries to “stand firm against protectionism and unilateralism.” The ambitious BRI, launched in September 2013 by President Xi, could cost Beijing up to $1.3 trillion by 2027, according to Morgan Stanley’s estimates.

Read more …

 

 

 

 

 

Oct 252019
 
 October 25, 2019  Posted by at 9:37 am Finance Tagged with: , , , , , , , , , ,  20 Responses »


Ivan Shishkin The wilds 1881

 

Justice Dept. To Launch Criminal Investigation Into Its Own Russia Probe (Hill)
Trump Cancels All Admins’ NYT, WaPo Subscriptions (ZH)
EU Set To Put Brexit Delay On Hold After Johnson’s Ultimatum (G.)
Russian Gun Activist Maria Butina To Touch Down In Moscow Saturday (RT)
Despite Ultra-Low Mortgage Rates, New House Prices At Multi-Year Low (WS)
Vladimir Putin, Syria’s Pacifier-in-Chief (Escobar)
WikiLeaks Releases New Docs Questioning Syria Chemical Attack Narrative (ZH)
Indonesia’s Report On Lion Air 737 MAX Crash Faults Design, Certification (R.)
South Korea Grounds Nine Boeing 737 NG Planes With Cracks (R.)
Can The US Beat China In A “Trade War”? (Vltchek)
Johannesburg Shuts Down Computers City-Wide After Bitcoin Ransomware Attack (CCN)

 

 

It’s a probe of the Mueller probe. The MSM will do what they can to ridicule it, saying it’s for political reasosns only. But the Mueller probe wasn’t? At least they haven’t dared attack Durham yet, or his reputation.

Justice Dept. To Launch Criminal Investigation Into Its Own Russia Probe (Hill)

The Justice Department has reportedly opened a criminal investigation into its own Russia probe The New York Times reports. The newspaper reports that after former special counsel Robert Mueller closed the official investigation months ago, a new criminal inquiry will proceed to find out how the investigation of Russian interference into the 2016 presidential election and Trump’s alleged collusion with Russia “all began.” Attorney General William Barr has closely reviewed how the department handled the Russia investigation.

But shifting the administrative review to a criminal inquiry would allow the prosecutor presiding over the inquiry, John H. Durham, to subpoena for witness testimony and documents, people familiar with the matter told the Times. It would also enable Durham, a U.S. attorney appointed by Barr to lead the inquiry, to put together a grand jury and to file charges. When defined as an administrative review, Durham could only voluntarily interview witnesses and investigate government documents, according to the Times.

Read more …

Yes, this made me laugh.

Trump Cancels All Admins’ NYT, WaPo Subscriptions (ZH)

In what we are sure will be “hair-on-fire” screamed about as ‘tyrannical-book-burning’, President Trump has reportedly planning to instruct federal agencies to not renew their subscriptions to the New York Times and the Washington Post. As The Wall Street Journal reports, White House press secretary Stephanie Grisham said in an email Thursday: “Not renewing subscriptions across all federal agencies will be a significant cost saving – hundreds of thousands of taxpayer dollars will be saved.” The decision comes days after the president cancelled the White House’s print subscriptions to the Post and the Times after expressing frustration with their coverage.


“We don’t even want it in the White House anymore,” Mr. Trump said of the Times during an interview with Fox News host Sean Hannity that aired Monday night. “We’re going to probably terminate that and the Washington Post. They’re fake.” Additionally, The Journal reports that a White House official confirmed that print editions of the Times and the Post weren’t among the newspapers delivered to the White House on Thursday. And while liberals use “fact checkers” to force advertisers to boycott “right wing” websites/newspapers, President Trump’s response is even cleaner: “your subscription has been terminated.”

Read more …

Corbyn insists Boris must take No-Deal off the table.

EU Set To Put Brexit Delay On Hold After Johnson’s Ultimatum (G.)

The EU’s plan to offer the UK an extension until 31 January on Friday is expected to be put on hold after Boris Johnson threatened to pull the Brexit deal if Jeremy Corbyn rejects a general election. Sources said the dramatic developments in Westminster needed to be fully understood and the choreography in Brussels could change. Donald Tusk, the European council chairman, had been expected to announce on Friday morning, following a meeting with ambassadors, that the EU27 had accepted the delay requested in a letter reluctantly sent by Johnson last Saturday. But senior EU sources said the developments in London had left the situation in flux. An announcement is expected on Monday or Tuesday.

Suggestions that the Labour leader could reject Johnson’s demand for a general election on 12 December provoking the prime minister to pull his deal set alarm bells ringing. Sources said the French government wanted to see the outcome of the vote on a general election before making a decision, but that the other 26 member states were ready to grant the three-month extension. The final offer could differ from the extension requested in the Benn act by specifying that the UK could leave on 15 November if the deal was ratified in the UK and European parliament. Before Johnson’s ultimatum to the Labour leader, the EU looked set to offer a three-month extension, which could be cut short at the point at which the Brexit deal was ratified.

It remains the most likely outcome. “We don’t want to be dragged into British politics and this is what was requested,” said one senior EU diplomat. “They can leave earlier if they ratify the deal. To echo your prime minister, we just want Brexit done.”

Read more …

Bless her. Casualty of Russophobia.

Russian Gun Activist Maria Butina To Touch Down In Moscow Saturday (RT)

Maria Butina is finally coming back home, after spending over a year behind bars in a bizarre case of anti-Russian hysteria that saw the gun rights activist libeled in the media and locked up as “unregistered foreign agent.” She is expected to leave a federal prison in Tallahassee, Florida and would be transferred from to a migrant center in Miami on Friday, Russian ambassador in Washington, Anatoly Antonov confirmed, saying The same day Butina would board the plane to Moscow and is set to touch down in the Russian capital on Saturday morning.


Butina was sentenced by a US federal judge for 18 months in April after pleading guilty to conspiring to act as a foreign agent without registration, Antonov said that he hopes Butina’s belated homecoming would “put an end to the most difficult period in her life,” and wished the 30-year-old reunite with her family and loved ones as soon as possible after her ordeal is over.

Read more …

A broken market. The Fed broke it.

Despite Ultra-Low Mortgage Rates, New House Prices At Multi-Year Low (WS)

The median price of new single-family houses in September fell 8.8% from a year ago to $299,400 – down 12.8% from the peak in November and December 2017 and back where the median price had first been in November 2014, according to the Commerce Department this morning: “Median price” means half of the houses sold for more, and half sold for less. The decline in the median price does not include incentives that are thrown in by homebuilders to close deals, such as free granite counter tops.

This median-price data – produced jointly by the Census Bureau and the Department of Housing and Urban Development – is “volatile” on a month-to-month basis. To show the longer-term trend, I added the 12-month moving average, which eliminates the monthly ups and downs. The September data point, being the average of the past 12 months, lags months behind of today’s market, but it allows for longer-term trends to become clearer. The lag of the 12-month moving average (red line) shows up in how, on the way up, median prices were mostly above the red line, and now on the way down, median prices are mostly below it:

Read more …

Let’s see what develops. Bit early to draw grand conclusions.

Vladimir Putin, Syria’s Pacifier-in-Chief (Escobar)

Russia-Turkey deal establishes ‘safe zone’ along Turkish border and there will be joint Russia-Turkey military patrols The negotiations in Sochi were long – over six hours – tense and tough. Two leaders in a room with their interpreters and several senior Turkish ministers close by if advice was needed. The stakes were immense: a road map to pacify northeast Syria, finally. The press conference afterwards was somewhat awkward – riffing on generalities. But there’s no question that in the end Russian President Vladimir Putin and his Turkish counterpart Recep Tayyip Erdogan managed the near impossible.

The Russia-Turkey deal establishes a safe zone along the Syrian-Turkish border – something Erdogan had been gunning for since 2014. There will be joint Russia-Turkey military patrols. The Kurdish YPG (People’s Protection Units), part of the rebranded, US-aligned Syrian Democratic Forces, will need to retreat and even disband, especially in the stretch between Tal Abyad and Ras al-Ayn, and they will have to abandon their much-cherished urban areas such as Kobane and Manbij. The Syrian Arab Army will be back in the whole northeast. And Syrian territorial integrity – a Putin imperative – will be preserved.

This is a Syria-Russia-Turkey win-win-win – and, inevitably, the end of a separatist-controlled Syrian Kurdistan. Significantly, Erdogan’s spokesman Fahrettin Altun stressed Syria’s “territorial integrity” and “political unity.” That kind of rhetoric from Ankara was unheard of until quite recently. Putin immediately called Syrian President Bashar al Assad to detail the key points of the memorandum of understanding. Kremlin spokesman Dmitry Peskov once again stressed Putin’s main goal – Syrian territorial integrity – and the very hard work ahead to form a Syrian Constitutional Committee for the legal path towards a still-elusive political settlement.

[..] For all the cliffhangers in Sochi, there was not a peep about an absolutely key element: who’s in control of Syria’s oilfields, especially after President Trump’s now-notorious tweet stating, “the US has secured the oil.” No one knows which oil. If he meant Syrian oil, that would be against international law. Not to mention Washington has no mandate – from the UN or anyone else – to occupy Syrian territory.

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Just as the US donates millions more to the White Helmets. OPCW should be dismantled.

WikiLeaks Releases New Docs Questioning Syria Chemical Attack Narrative (ZH)

A whistleblower with the Organization for the Prohibition of Chemical Weapons (OPCW), responsible for conducting an independent investigation into the alleged chemical attack in the Syrian town of Douma on April 7, 2018, has presented WikiLeaks with a body of evidence suggesting the chemical weapons watchdog agency manipulated and suppressed evidence. A prior official OPCW report of the investigation issued last March found “reasonable grounds” for believing a toxic chemical was used against civilians, likely chlorine. Long prior to any independent investigators reaching the site, however, Washington had launched major tomahawk airstrikes against Damascus in retribution for “Assad gassing his own people”.

]WikiLeaks published documents based on evidence presented by the internal OPCW whistleblower to an expert review panel on Wednesday. “The panel was presented with evidence that casts doubt on the integrity of the OPCW,” WikiLeaks editor Kristinn Hrafnsson wrote. An official WikiLeaks press release said as follows: “Kristinn Hrafnsson took part in the panel to review the testimony and documents from the OPCW whistleblower. He says: “The panel was presented with evidence that casts doubt on the integrity of the OPCW. Although the whistleblower was not ready to step forward and/or present documents to the public, WikiLeaks believes it is now of utmost interest for the public to see everything that was collected by the Fact Finding Mission on Douma and all scientific reports written in relation to the investigation.”

“Based on the whistleblower’s extensive presentation, including internal emails, text exchanges and suppressed draft reports, we are unanimous in expressing our alarm over unacceptable practices in the investigation of the alleged chemical attack in Douma,” the experts pointed out.

Read more …

An aditional report comes out today from a US transportation board. Boeing’s reply: we’re updating the software…

Indonesia’s Report On Lion Air 737 MAX Crash Faults Design, Certification (R.)

Indonesia has called for better Boeing cockpit systems and oversight by US regulators after design flaws helped bring down a Lion Air 737 MAX jet – a crash that was compounded by errors from ground staff and crew. In its final report into the crash of the jet on Oct 29, 2018 that killed all 189 people on board, Indonesia made recommendations to Boeing, Lion Air, the US Federal Aviation Administration (FAA) and other agencies. A copy was seen by Reuters and it is due to be released publicly later on Friday.


Less than five months after the Lion Air accident, an Ethiopian Airlines 737 MAX crashed, leading to a global grounding of the model and a growing crisis for the world’s biggest planemaker, which has just ousted the top executive of its commercial airplanes division. In the report, Indonesian regulators criticised the design of the anti-stall system known as MCAS, which automatically pushed the plane’s nose down, leaving pilots fighting for control. During the flight, the control column was in such disarray that it required 103 pounds of strength to counter the automated system. “The design and certification of the MCAS did not adequately consider the likelihood of loss of control of the aircraft,” the report said.

Read more …

It’s company wide.

South Korea Grounds Nine Boeing 737 NG Planes With Cracks (R.)

South Korea’s transport ministry on Friday said nine Boeing 737 NG planes in the country had been grounded after checks found structural cracks requiring repairs. The suspension follows an order from the U.S. Federal Aviation Administration earlier this month for aircraft operators to inspect older Boeing 737 NGs for structural cracks. Boeing on Oct. 11 said inspections of 810 of the planes globally had led to 38 requiring repair. South Korea said it found nine planes with cracks among 42 planes examined. Among the nine grounded planes are five operated by Korean Air Lines, according to the transport ministry.

Read more …

It is possible to sing the praises of China too much.

Can The US Beat China In A “Trade War”? (Vltchek)

There are now many new systems, in numerous corners of the world. These systems, some Communist, others socialist or even populist, are ready to defend their citizens, and to use the natural resources to feed the people, and to educate, house and cure them. No matter how popular these systems are at home, the West finds ways to demonize them, using its well-established propaganda machinery. First, to smear them and then, if they resist, to directly liquidate them. As before, during the colonial era, no competition has been permitted. Disobedience is punishable by death.

Naturally, the Western system has not been built on excellence, hard work and creativity, only. It was constructed on fear, oppression and brutal force. For centuries, it has clearly been a monopoly. Only the toughest countries, like Russia, China, Iran, North Korea or Cuba, have managed to survive, defending they own cultures, and advancing their philosophies. To the West, China has proved to be an extremely tough adversary. With its political, economic, and social system, it has managed to construct a forward-looking, optimistic and extraordinarily productive society. Its scientific research is now second to none. Its culture is thriving. Together with its closest ally, Russia, China excels in many essential fields.

That is precisely what irks, even horrifies the West. For decades and centuries, Europe and the United States have not been ready to tolerate any major country, which would set up its own set of rules and goals. China refuses to accept the diktat from abroad. It now appears to be self-sufficient, ideologically, politically, economically and intellectually. Where it is not fully self-sufficient, it can rely on its friends and allies. Those allies are, increasingly, located outside the Western sphere.

Read more …

“The group is demanding 4 Bitcoin..”

Johannesburg Shuts Down Computers City-Wide After Bitcoin Ransomware Attack (CCN)

Hackers have breached the computer network of South Africa’s commercial capital Johannesburg in an attempt to ransom the city for Bitcoin. Consequently, the city has shut down its website and suspended all e-services as a ‘precautionary measure’. At the time of writing the city’s website was still inaccessible. Per The Times, the group behind the cyber-attack is an outfit known as Shadow Kill Hackers. The group is demanding 4 Bitcoin – nearly $30,000 at the current Bitcoin price – by the close of business on October 28. In their ransom note received by several employees of the city, Shadow Kill Hackers claimed to have obtained valuable and confidential data from the city:


“All your servers and data have been hacked. We have dozens of back doors inside your city. We have control of everything in your city. We also compromised all passwords and sensitive data such as finance and personal population information.” Failure to pay the Bitcoin ransom, the hackers have warned, will see the sensitive data released publicly. Some of the e-services that will be affected by the shutdown include online billing services. Internet-based customer care services have also been suspended. An investigation into the Bitcoin ransomware attack has already been launched and is expected to take 24 hours.

Read more …

 

 

 

 

 

Aug 192019
 


Piet Mondriaan Self portrait 1918

 

Guardian columnist Owen Jones, a self-described left activist and socialist, was attacked in the streets of London at 2 am Saturday morning in what he himself describes as “a blatant premeditated assault” by a bunch of guys. He says he was kicked, punched, but then saved by the friends he was with, and nothing really happened to him. Or he would have taken photos and published them. Owen was fine, before and after. But his pride was not.

No pictures of black eyes or anything, but a brick load of indignation. No matter that in Britain, people are attacked all the time, certainly at that hour, in bar fights, in knife fights, people die every weekend. But for some reason Owen Jones thinks his role in this is special. That the incident happened because of his political views, and because the far right is getting more aggressive.

From Jones’s own Guardian:

 

Owen Jones Attacked Outside London Pub

The Guardian columnist and activist Owen Jones has been physically assaulted in London while celebrating his 35th birthday with friends. In an attack he called “a blatant premeditated assault”, Jones said he was kicked, punched and thrown to the ground by a group of men in the early hours of Saturday morning. He said that he and his friends went to a pub and left at 3am.

“We were about 30 metres away, saying goodbye to each other, when four men charged directly towards me: one of them karate kicked my back, threw me to the ground, started kicking me in the head and back, while my friends tried to drag them off, and were punched trying to defend me. “It was clearly a premeditated attack and I was their target. They all attacked me and only assaulted my friends when they tried to defend me.

“In the past year I’ve been repeatedly targeted in the street by far right activists, including attempts to use physical assault, and homophobic abuse. I’ve had a far-right activist taking pictures of me, and posting threatening messages and a video. “Because of this, and escalating threats of violence and death, I’ve had the police involved. My friends felt it was a matter of time until this happened. Give the context, it seems unthinkable that I was singled out for anything other than a politically motived premeditated attack.”

 

A second article in the same Guardian appeared on Sunday:

 

Owen Jones: Attackers Targeted Me For My Politics

Jones said: “I’m just a symptom of a wider phenomenon, an emboldened, increasingly violent far right.” He said he believed there had been a “dramatic escalation” in the level of threat faced by him and others in the last eight or nine months. He said far-right protesters were being radicalised by what he described as “hate preachers” in politics and in some parts of the media.

“We all know who the hate preachers are: one of them is the most powerful man on earth, the occupant of the White House. But there are also multiple politicians and people in the mainstream media who deliberately stoke tensions, who demonise minorities and who demonise the left,” he said.

[..] “The far right are trying to achieve political ends through coercion and violence, so there’s no way I’m going to change. Yes, I’ll take precautions, but I’ll be at my protests, fighting against racism, for socialism. What could I have done? Not had a birthday thing? Of course everybody should be vigilant, but I’m not going to be intimidated. I’m not changing my politics.”

 

I’m not sure (but of course I wasn’t there and I’m not in Jones’s shoes), but given the time of day, his ‘celebrity’ status and the fact that he’s openly gay, I could imagine this was not about politics. Not that that’s the crucial point in this, which is that everybody should be able to have a birthday party and be left in peace.

I must admit I smiled when I read that Jones said his attackers “charged out of the pub with military precision”, and then ostensibly failed to hurt him even a little bit. That sounds like either the most inept right wing militant unit ever, or they were all just piss drunk.

Still, calling Trump a hate preacher is also demonizing, and I do wonder why Jones feels that is appropriate while other comments are not. The Proud Boys vs Antifa ‘party’ this weekend in Portland, Oregon would seem to establish this, at least in the US, as a two-way street, but I’m not even going to try to convince both sides that there may be some blame in their camp too.

Because I think the following is much more important in the Owen Jones story. A few lines from the first article referenced above say:

 

Katharine Viner, editor-in-chief of the Guardian and Observer, said: “We deplore the outrageous attack on Owen Jones that took place late last night. Violent assaults on journalists or activists have no place in a democratic society.”


Labour leader Jeremy Corbyn sent a message of “solidarity” to Jones. He said: “Owen believes it was politically motivated, and we know the far right is on the march in our country. “An attack on a journalist is an attack on free speech and our fundamental values.”

 

Look, neither Katharine Viner, nor Owen Jones, nor the Guardian as a company, nor Jeremy Corbyn, have any right whatsoever, none, zilch, to present themselves as defenders of journalism or journalists. The reason for that is dead simple, and it consists of only two words: Julian Assange.

Jeremy Corbyn sits in the British parliament, while Assange sits in a high-security prison designed for terrorists, and those two things should never happen at the same time, lest Corbyn loses the right to speak. Hereby lost. And pretending to be a defender of journalism while a man who has won dozens of international awards for … journalism, rots away a few miles from that same Parliament, is too ridiculous to even talk about.

Owen Jones writes for the Guardian, and knows exactly what his employer has done to Julian Assange. And he can whine about an ‘attack’ on him all he wants, but there’s a journalist who’s really under attack, life-changing, life-threatening, if not lethal, and I have never seen Jones speak up for him. So spare us the hollow talk about hate preachers. It’s your own employer and your own government who preach hate.

As for The Guardian, it has been engaged in a vile anti-Assange smear campaign for many years, perhaps culminating in, but by no means limited to, the article last November that claimed Trump’s one-time adviser Paul Manafort had visited Assange many times in the Ecuador embassy, which was thoroughly debunked but never withdrawn or corrected.

Publishing an article such as that while you know it to be a bag of lies, makes you unfit to talk about journalism, period, for the rest of your lives. Sure, many of your readers may believe in you, and in what you tell them, after you’ve fed them smear and falsehoods for so long. But even if they believe you, that still doesn’t make you a news organization, it makes you a propaganda outlet. It makes you a pitchblack stain on your profession.

 

Australian journalist Mark Davis worked with Assange and the Guardian on the publication of the Afghan war logs in 2010. He recently spoke out about those days. And added a nice little -legal- twist to the story.

 

Australian Investigative Journalist Exposes Guardian/New York Times Betrayal Of Assange

At a Sydney “Politics in the Pub” meeting on Thursday night, award-winning Australian journalist Mark Davis revealed new first-hand information exposing the extent of the betrayal of Julian Assange by the Guardian and the New York Times, and refuting the lies both publications have used to smear the WikiLeaks founder.

Davis recounted his experiences documenting Assange’s life in the first half of 2010 for programs screened on the Australia’s Special Broadcasting Service (SBS). Using excerpts from the documentary “Inside WikiLeaks,” the journalist explained that he was present when WikiLeaks worked closely with media partners, including the Guardian and the New York Times, in the publication of the Afghan War logs.

[..] Davis said the assertions by Guardian journalists that Assange exhibited a callous attitude towards US informants and others who may have been harmed by the publication of the document were “lies.” David Leigh and Nick Davies, senior Guardian journalists, who worked closely with Assange in the publication of the logs, have repeatedly claimed that Assange was indifferent to the consequences of the publication.

Their statements have played a key role in the attempts by the corporate media to smear Assange, and dovetail with US government claims that the 2010 publications “aided the enemy.” In reality, the US and Australian militaries have been compelled to admit that release of the Afghan war logs did not result in a single individual coming to physical harm.

Davis explained that he was present in “the bunker,” a room established by the Guardian to prepare the publication of the documents. “Nick Davies made the most recurring, repetitive statement that Julian had a cavalier attitude to life. It’s a complete lie. If there was any cavalier attitude, it was the Guardian journalists. They had disdain for the impact of this material.”

[..] Davis explained that despite the vast technical resources of the Guardian and the New York Times (NYT), it was left to Assange to personally redact the names of informants and other individuals from the war logs, less than three days before scheduled publication. Davis said Assange was compelled to work through an entire night, during which he removed some 10,000 names from the documents.

“Julian wanted to take the names out,” Davis said. “He asked for the releases to be delayed.” The request was rejected by the Guardian, “so Julian was left with the task of cleansing the documents. Julian removed 10,000 names by himself, not the Guardian.”

Davis refuted the attempts by the Guardian and the Times to downplay their central role in the publication of the leaks. He stated that the relationship between the corporate reporters and Assange was not that between journalists and their source. Rather, both outlets were intimately involved in preparing the publication of the documents.

This included, Davis said, the Guardian assigning a technical division to prepare the entire set of logs in a publishable and searchable format on the WikiLeaks website. Davis explained that even in 2010, the Guardian and the NYT had employed “subterfuge” to shield them from any legal repercussions over the publication. Despite the explosive contents of the leaks, they had both insisted that WikiLeaks should publish first.

This, Davis stated, would allow them to claim that they were not primary publishers of the material, but were merely reporting material that had been released by WikiLeaks. This was the equivalent of the publications “pushing Julian out to walk the plank,” he said. “Julian’s in jail now because of that subterfuge.”

Tellingly, Davis stated that this plan was disrupted as a result of technical issues on the WikiLeaks website. The Guardian and the Times nevertheless ran their scheduled stories, reporting on WikiLeaks’ supposed publication of the logs, despite the fact that they had not yet been placed on the WikiLeaks website.

WikiLeaks published the documents two days after they had been reported by the corporate publications. “WikiLeaks did not publish for two days,” Davis said. The Guardian and the Times had “reported a lie. They set Julian up from the start.”

Davis’s claim potentially has significant legal implications. The espionage charges, under which the Trump administration is seeking to extradite Assange to the US and prosecute him, include among their offenses WikiLeaks’ publication of the Afghan war logs.

Davis’ timeline, however, indicates that the Guardian and the New York Times were in fact the initial and primary publishers of the material. These publications, which are pillars of the media and political establishment, are “in the frame” for the supposed offenses that the Trump administration is seeking to prosecute Assange for. As Davis bluntly declared, “If Julian’s in jail, they should be as well.”

 

I’m sure the fact that this last article was published on the World Socialist Web Site will only add to the fun, if not credibility, of it, for self-described socialist Owen Jones.

But -more- seriously, you can’t let the most decorated journalist of your time wither away in a concrete box designed for Hannibal Lecter, and at the same time preach about some threat to journalism and the freedom of speech. Because if you do, you ARE that threat.

 

 

 

 

Jul 132019
 


Pablo Picasso Weeping woman 1937

 

Robert Mueller’s Testimony Extended, Postponed By One Week (G.)
Trump Organization Probe Likely to End With No Charges (CNN)
Nemesis Rising (Kunstler)
Epstein Accused Of Paying Witnesses $350K In Hush Money (ZH)
Wall Street Banks Bailing On Troubled US Farm Sector (R.)
Fed Rate Cut Would Ease Pressure On China’s Central Bank (CNBC)
About Half Of China’s Loans To Developing Countries Are ‘Hidden’ (CNBC)
CIA Invokes WikiLeaks in Push For Expansion Of Secrecy Law (SP)
CIA Torture Unredacted (Bureau)
US To Hold Hearing On French Tax On Big Tech (R.)
EPA Expands Use Of Pesticide Considered ‘Very Highly Toxic’ To Bees (Hill)
Meeting the last Malaysian Sumatran Rhino on Earth (Lack)

 

 

The circus comes to town one week later but with a much longer show and added attractions. This will be nuts.

Robert Mueller’s Testimony Extended, Postponed By One Week (G.)

The special counsel Robert Mueller will testify before Congress about the findings of the Russia investigation on 24 July, one week later than his appearance was originally planned, under an agreement that gives lawmakers more time to question him. Mueller had been scheduled to report on the inquiry into Russian election meddling and ties between Russia and the campaign of Donald Trump on 17 July. But lawmakers in both parties complained that the short length of the hearings would not allow enough time for all members to ask questions. Under the new arrangement, Mueller will testify for an extended period of time, three hours instead of two, before the House judiciary committee. He will then testify before the House intelligence committee in a separate hearing.

The two committees said in a statement that all members of both committees will be able to question him. In the joint statement, the panels said the longer hearing “will allow the American public to gain further insight into the special counsel’s investigation and the evidence uncovered regarding Russian interference in the 2016 presidential election and President Trump’s possible obstruction of justice and abuse of power”. Mueller has expressed his reluctance to testify and said he won’t go beyond what is in his 448-page report. But Democrats have been determined to highlight its contents for Americans who they believe have not read it. They want to extract information from the former special counsel and spotlight what they say are his most damaging findings against Trump.

Democrats are expected to ask Mueller about his conclusions, including that he could not exonerate Trump on obstruction of justice after detailing several episodes in which Trump tried to influence the investigation. Mueller also said there was not enough evidence to establish a criminal conspiracy between Trump’s presidential campaign and the Kremlin. One thing judiciary members want to focus on in questioning Mueller is whether Trump would have been charged with a crime were he not president. Mueller said at the news conference that charging a president with a crime was “not an option” because of longstanding justice department policy. But Democrats want to know more about how he made that decision and when.

Read more …

Michael Cohen couldn’t deliver.

Trump Organization Probe Likely to End With No Charges (CNN)

A federal investigation into whether Trump Organization executives violated campaign-finance laws appears to be wrapping up without charges being filed, according to people familiar with the matter. For months, federal prosecutors in New York have examined whether company officials broke the law, including in their effort to reimburse Michael Cohen for hush-money payments he made to women alleging affairs with his former boss, President Donald Trump.
In recent weeks, however, their investigation has quieted, the people familiar with the inquiry said, and prosecutors now don’t appear poised to charge any Trump Organization executives in the probe that stemmed from the case against Cohen.


In January, one month after Cohen was sentenced to three years in prison, prosecutors requested interviews with executives at the company, CNN reported. But prosecutors never followed up on their initial request, people familiar with the matter said, and the interviews never took place. Meanwhile, there has been no contact between the Manhattan US Attorney’s office and officials at the Trump Organization in more than five months, one person familiar with the matter said.

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“..the obliteration of moral and ethical boundaries by the people who ended up running things in this fretful moment of US history.”

Nemesis Rising (Kunstler)

Where are Clintons, these dog days of summer? The Hamptons? Salty, sunny Martha’s Vineyard? Under a rock somewhere in the Chappaqua woods? Fate is turning in more than one uncomfortable way for the once-charmed couple of Boomerdom. There is, of course, the freshly re-issued Jeffrey Epstein underage sex scandal, come ‘round again with a vengeance this time because there are fewer Clinton partisans left in the Department of Justice where the matter has festered for decades like a fistula slowly seeping its rot through the body politic. The vengeance emanates from the Clinton’s nemesis, the uppity Golden Golem of Greatness who dared to “steal” Hillary’s place in the Oval Office (and history).

To put it plainly, Mr. Trump had enough of the two-year-plus persecution he endured from the Clinton-inspired Mueller investigation into the Clinton-propagated Russia Collusion flim-flam. And having patiently survived this audacious, seditious effrontery, is now out to squash the Clintons like a pair of palmetto bugs. [..] And now there is the Epstein matter, which threatens not only former president Bill Clinton, but a cosmos of political, financial, and entertainment “stars” in countless ugly incidents that involve a kind of personal corruption that has no political context but says an awful lot about the obliteration of moral and ethical boundaries by the people who ended up running things in this fretful moment of US history. President Clinton has already kicked off this debacle by lying to the media about the number of rides he took on Mr. Epstein’s notorious airplane.

I voted for Bill Clinton twice. When they came up from the backwater of Little Rock, Arkansas, in 1992, they seemed like the fresh, bright antidote to twelve years of fusty Reaganism with the GHW Bush moldy cherry-on-top. Governor Bill, so glib and charming. Tall and catnip to the ladies, too! And almost immediately he was in deep shit over that part of his act, but he wiggled through it all with the aid of his perky, stalwart wife and partner, who defended him sedulously on nationwide TV. (America had never even heard about her misadventures on the Watergate Committee, where, age 27, she gained a reputation for being less than honest.) And that was followed by the first instance of Hillary moneygrubbing when she turned a few thousand bucks into a six-figure bonanza almost overnight in a wired commodities trade.

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There is so much ugliness still hidden in this. Will we ever know?

Epstein Accused Of Paying Witnesses $350K In Hush Money (ZH)

Federal prosecutors allege in a new court filing that Jeffrey Epstein may have engaged in witness tampering by paying off two potential witnesses days before the Miami Herald began publishing a series of explosive exposés about the registered sex offender and his victims. According to financial records, Epstein wired $350,000 to two ‘possible co-conspirators’ who could testify against him. $100,000 was wired from “Institution-1” to one person, while just three days later $250,000 was wired to another individual. Neither of the payments appear to be recurring based on five years of bank records. Is one of the co-conspirators Ghislaine Maxwell? The daughter of a British media barron, Maxwell was described by one Epstein accuser in a 2017 lawsuit as “the highest ranking employee” of his alleged enterprise, in which she was said to have managed both Epstein’s household and his sex life.

Via the Wall Street Journal: “Ghislaine Maxwell, daughter of a British media baron, was a fixture for years in Manhattan’s social scene, often written about in tabloids for her close ties to British royalty and to a mysterious financier named Jeffrey Epstein. But Mr. Epstein’s arrest last week on sex-trafficking charges has brought renewed attention to her alleged role as one of his top aides. Ms. Maxwell, 57 years old, has been accused by three women in affidavits and other court filings of recruiting young women for Mr. Epstein and training them for sex. Two of the women have alleged that Ms. Maxwell, together with Mr. Epstein, sexually assaulted them, according to the filings.

What’s more, “Juan Alessi, who said in one of the depositions that he served as the Palm Beach house manager from around 1992 through 2002, described a basket of sex toys in Ms. Maxwell’s bathroom closet. He said he would find them around when he cleaned up after visits from the young women,” according to the Journal.

Read more …

Only Big Ag deals with Wall Street.

Wall Street Banks Bailing On Troubled US Farm Sector (R.)

In the wake of the U.S. housing meltdown of the late 2000s, JPMorgan Chase & Co hunted for new ways to expand its loan business beyond the troubled mortgage sector. The nation’s largest bank found enticing new opportunities in the rural Midwest – lending to U.S. farmers who had plenty of income and collateral as prices for grain and farmland surged. JPMorgan grew its farm-loan portfolio by 76 percent, to $1.1 billion, between 2008 and 2015, according to year-end figures, as other Wall Street players piled into the sector. Total U.S. farm debt is on track to rise to $427 billion this year, up from an inflation-adjusted $317 billion a decade earlier and approaching levels seen in the 1980s farm crisis, according to the U.S. Department of Agriculture.


But now – after years of falling farm income and an intensifying U.S.-China trade war – JPMorgan and other Wall Street banks are heading for the exits, according to a Reuters analysis of the farm-loan holdings they reported to the Federal Deposit Insurance Corporation (FDIC). The agricultural loan portfolios of the nation’s top 30 banks fell by $3.9 billion, to $18.3 billion, between their peak in December 2015 and March 2019, the analysis showed. That’s a 17.5% decline.

Read more …

I meant to do that?!

Fed Rate Cut Would Ease Pressure On China’s Central Bank (CNBC)

A widely expected interest rate cut by the U.S. Federal Reserve would give China more breathing room in shoring up its slowing economy, some analysts said. Overnight, markets took Fed Chairman Jerome Powell’s comments during the first of a two-day Congressional testimony as affirming expectations for easier monetary policy in the U.S. The S&P 500 briefly topped 3,000 for the first time, and Treasury yields edged lower. A looser monetary policy environment would reduce pressure on China’s central bank to ease monetary policy. Amid trade tensions with the U.S., China’s economy has struggled to gain momentum.


Private surveys released last week by Caixin showed services activity fell in June to its lowest since February, and the manufacturing sector contracted, after three months of expansion. Among several measures to support the economy over the last several months, the People’s Bank of China (PBoC) has made targeted attempts to lower financing costs to privately run enterprises, which account for the majority of the country’s economic growth and employment. “If the Fed does go ahead and cut rates, which I don’t think is a given … it simply means the PBoC has a little breathing room to see if the policies it has implemented have an impact on the real economy,” Hannah Anderson, global market strategist at J.P. Morgan Asset Management, told CNBC on Thursday by phone.

Read more …

“Between 2000 and 2017, other countries’ debt owed to China soared ten-fold, from less than $500 billion to more than $5 trillion..”

“..debt has increased on average from less than 1% of their GDP in 2015, to more than 15% in 2017..”

About Half Of China’s Loans To Developing Countries Are ‘Hidden’ (CNBC)

China’s lending to other countries has surged in the past decade, causing debt levels to jump dramatically, and as much as half of such debt to developing economies is “hidden,” a new study has found. Such “hidden” debt means that the borrowing isn’t reported to or recorded by official institutions such as the IMF, the World Bank, or the Paris Club — a group of creditor nations. Between 2000 and 2017, other countries’ debt owed to China soared ten-fold, from less than $500 billion to more than $5 trillion — or from 1% of global economic output to more than 5%, according to the study from Germany-based think tank the Kiel Institute for the World Economy. “This has transformed China into the largest official creditor, easily surpassing the IMF or the World Bank,” the report’s researchers said.


The study, which looked at nearly 2,000 Chinese loans to 152 countries from 1949 to 2017, was undertaken by well-known debt expert Carmen Reinhart from Harvard University, as well as Kiel Institute’s Christoph Trebesch and Sebastian Horn. For 50 developing countries which have borrowed from China, that debt has increased on average from less than 1% of their GDP in 2015, to more than 15% in 2017, according to estimates by the study’s researchers. “Advanced and higher middle income countries tend to receive portfolio debt flows, via sovereign bond purchases of the People’s Bank of China, ” the report said. “As a result, many advanced countries have become highly indebted towards the Chinese government.”

Read more …

There’s Adam Schiff for you in all his glory. Watch for him in the Mueller hearings too.

CIA Invokes WikiLeaks in Push For Expansion Of Secrecy Law (SP)

When the CIA and other agencies in the United States government pushed for the Intelligence Identities Protection Act (IIPA) in 1981, it was crafted to exclude “covert agents” who resided in the U.S. There was consideration by the House Permanent Select Committee on Intelligence of how the legislation might “chill or stifle public criticism of intelligence activities or public debate concerning intelligence policy.” More than three decades later, the CIA is apparently unsatisfied with the protections the bill granted “covert agents. It has enlisted a select group of senators and representatives to help expand the universe of individuals who are protected, making members of the press who cover intelligence matters more vulnerable to prosecution.

Democratic Representative Adam Schiff, chairman of the House intelligence committee, was involved in adding language to expand the IIPA to the Intelligence Authorization Act moving through Congress. “Schiff is once again putting the interests of the intelligence agencies in concealing their misdeeds ahead of protecting the rights of ordinary Americans by criminalizing routine reporting by the press on national security issues and undermining congressional oversight in his Intelligence Authorization bill,” declared Daniel Schuman, who is the policy director for Demand Progress. Schuman added, “Schiff’s expansion of the Intelligence Identities Protection Act beyond all reason will effectively muzzle reporting on torture, mass surveillance, and other crimes against the American people—all at the request of the CIA. Schiff is clearly the resistance to the resistance, and he should drop this provision from his bill.”

The CIA put their specific request for what language they would like amended in writing and sent it to the Senate Select Committee on Intelligence. Their request was essentially copied and pasted, with no changes, into the intelligence bill. “Undercover agency officers face ever-evolving threats, including cyber threats,” the CIA argued. “Particularly with the lengths organizations such as WikiLeaks are willing to go to obtain and release sensitive national security information, as well as incidents related to past agency programs, such as the RDI investigation [CIA torture report], the original congressional reasoning mentioned above for a narrow definition of ‘covert agent’ no longer remains valid.”

“This proposal would provide protection for all undercover agency officers by allowing for the prosecution of individuals responsible for disclosing the identities of those officers, regardless whether the undercover officer serves inside or outside of the United States,” the agency additionally stated. Schiff supports the prosecution of WikiLeaks founder Julian Assange and shares the CIA’s view that WikiLeaks is a “non-state hostile intelligence service,” not a media organization. In 2018, when Assange was willing to speak with investigators about the Russia probe, he replied, “Our committee would be willing to interview Julian Assange when he is in U.S. custody, not before.”

Read more …

Do I want to read this report?

CIA Torture Unredacted (Bureau)

In December 2014, the Bureau, alongside The Rendition Project, began a major project to trace the history of the RDI programme. The impetus for our investigation came from the long-awaited publication of a report into CIA torture by the US Senate Select Intelligence Committee. The authors of this report had high-level access to internal CIA documents, which they mined to produce a damning assessment of the torture programme’s brutality, mismanagement and ineffectiveness. But they were compelled by the Obama administration, and by the CIA itself, to censor — “redact” — all parts of the report that could identify specific times and places where abuses had occurred.

This is important, because without being able to tie illegal activities to specific times and places, the quest for redress is hamstrung, and meaningful accountability — legal, public, historical — remains a mirage. The Senate report did offer a crucial insight, however: the first complete list of prisoners held in the CIA’s black sites. 119 names, each with a date of custody (redacted) and a record of how many days they were held (also partly redacted). In the days after the publication of the Senate report, we set to work reconstructing this list to reveal the hidden dates. Figuring out a date often meant that we could match it to a flight record; matching to a flight record meant that we could determine where a prisoner was brought from or sent to.

As we cross-correlated thousands of data points — from declassified government documents, footnotes in the Senate report, aviation data, records of corporate outsourcing of rendition flights, legal cases, media reporting and NGO investigations — the contours of the CIA’s programme of secret detention and torture began to emerge more clearly. Rather than just understanding certain individual histories, we could begin to discern the entire scope of the programme’s development. More than four years later, we’re publishing the results of our investigation in a 400-page report entitled CIA Torture Unredacted. It is the first time that the entirety of the CIA’s detention programme has been systematically revealed.

Read more …

“Other EU countries including Austria, Britain, Spain and Italy have also announced plans for their own digital taxes.”

US To Hold Hearing On French Tax On Big Tech (R.)

The U.S. Trade Representative’s (USTR) Office will hold a hearing on Aug 19 in its probe of France’s new planned tax on big technology companies, calling the proposal “unreasonable.” President Donald Trump on Wednesday ordered an investigation into the tax, which could lead to the United States imposing new tariffs or other trade restrictions. USTR said in a public notice the levy was an “unreasonable tax policy.” The plan departs from tax norms because of “extraterritoriality; taxing revenue not income; and a purpose of penalizing particular technology companies for their commercial success,” it said. USTR added that statements by French officials suggest the tax will “amount to de facto discrimination against U.S. companies… while exempting smaller companies, particularly those that operate only in France.”


The tax is due to apply retroactively from the start of 2019. USTR said that calls into question the fairness of the tax. On Thursday, the French Senate approved the 3% levy that will apply to revenue from digital services earned in France by firms with more than 25 million euros in French revenue and 750 million euros ($845 million) worldwide. Other EU countries including Austria, Britain, Spain and Italy have also announced plans for their own digital taxes. They say a levy is needed because big, multinational internet companies such as Facebook and Amazon are currently able to book profits in low-tax countries like Ireland, no matter where the revenue originates. Political pressure to respond has been growing as local retailers in high streets and online have been disadvantaged.

Read more …

The crazies.

EPA Expands Use Of Pesticide Considered ‘Very Highly Toxic’ To Bees (Hill)

The Environmental Protection Agency (EPA) announced Friday it would allow for the expanded use of a pesticide it considers toxic to bees, a move that comes just days after the Trump administration said it was suspending data collection on bee populations. The pesticide known as sulfoxaflor will be permitted for use on certain crops for the first time, and in other areas that were prohibited under the Obama administration. The agency considers sulfoxaflor “very highly toxic” to bees. In a call with reporters to announce the decision, a top EPA official emphasized the agency’s research on the pesticide’s effects on bees and said the rule was designed with pollinators in mind.


“To reduce exposure to bees, the product label will have crop-specific restrictions and important pollinator protection language,” including limits on how close to bloom sulfoxaflor can be sprayed, the official said. But it may be difficult to monitor whether the regulations spare bees as intended. The U.S. Department of Agriculture announced last week it was suspending one of the few remaining government data sets that monitor bee populations and loss. “At a time when honeybees and other pollinators are dying in greater numbers than ever before, Trump’s EPA decision to remove restrictions on yet another bee-killing pesticide is nothing short of reckless,” Earthjustice, which fought sulfoxaflor use in the 2015 suit, said in a statement Friday. “Scientists have long said pesticides like sulfoxaflor are the cause of the unprecedented colony collapse. Letting sulfoxaflor back on the market is dangerous for our food system, economy, and environment.”

Read more …

“..perhaps I will abstain from telling them of the heart-shattering, breath-snatching moment I gazed into the deep eyes of the last of a species, every sense trembling with anticipation.”

Meeting the last Malaysian Sumatran Rhino on Earth (Lack)

Deep set beady eyes peer from folds of thick leather skin. They close slowly in a leisurely, ponderous blink. Nostrils flare with each warm, damp exhalation, causing a slight rise of the stubby nasal horn that rests on those cavernous nostrils. I stare at this primitive, prehistoric creature which seems to have just trundled out of the Jurassic Period. Her skin is leather-thick, her face is topped by a firm horn and her species is over 20 million years old. She seems invincible. Somehow our soft-skinned species has managed to mangle her population down and down until today, when only one Malaysian Sumatran Rhino exists on earth. And there I stand looking into her eyes. She is called Iman. Iman means faith.

Faith is a funny concept when you stand looking at the very last individual of a species and your ears ring with her plaintive cries. Rather than feel faith in humanity, I felt a deep loss, a deep hopelessness. That was only after five minutes of meeting Iman. Yet behind me stood Dr Junaidi Payne and Dr Zainal Zahari Zainuddin, who have been working on protecting the Sumatran Rhino in Sabah for almost their whole lives. They were there in 2017 when Puntung had to be euthanised. They were there in May this year when Tam, the last male, died. They will, most likely, be there when Iman breathes her last breath. The last breath of a species. They have front row seats of the sixth mass extinction, directed and produced wholly by humans.


Iman cannot be saved. It is the brutal yet undeniable truth that one day she will be gripped by illness or old age and will leave us. If I choose to have children, their world will be undoubtedly different to ours today. Perhaps they will cry at the abundance of life that has been ravaged by their ancestors. Perhaps they will listen to the story of the time I met Iman. But perhaps I will abstain from telling them of the heart-shattering, breath-snatching moment I gazed into the deep eyes of the last of a species, every sense trembling with anticipation. Rhino and girl. We were two, yet we were alike. Our hearts both pounding as we watched each other, our gazes both narrowed and our breath quickened.

Read more …

 

 

 

 

 

Jun 152019
 


Arnold Böcklin Mermaids at play 1886

 

Freeing Julian Assange: Part Two (Suzie Dawson)
Well Guess What? He Was Right Again! Free Julian Assange (CJ)
DOJ Bloodhounds on the Scent of John Brennan (Ray McGovern)
System To Circumvent US Sanctions On Iran Ready Soon: German FM (AlJ)
Jeremy Corbyn Challenges UK Government’s Iran Tanker Accusations (BBC)
Brexit Britain Wallows In Dangerous Talk Of National Humiliation (O’Toole)
All Eyes On Fed As Stock Market Pines For Rate Cut (R.)
US Commercial Real Estate Is Another Dangerous Bubble In The Making (Colombo)
The “Deficits Don’t Matter” Folly (Stockman)
Beijing Yields To Hong Kong’s Financial Clout (R.)
Meanwhile, over on Planet Japan (Simon Black)

 

 

Trump was merely added years after the Russia-WikiLeaks slander had started.

Freeing Julian Assange: Part Two (Suzie Dawson)

The public has been led to believe that the 2016 election and the resulting Mueller Report is the definitive evidence that WikiLeaks was somehow in cahoots with Russia, reinforcing the premise that they were in a political alliance with, or favoured, Donald Trump and his Presidential election campaign. Prominent Russiagate-skeptics have long pointed out the multitude of gaping holes inherent in those theories, including the advocacy group Veteran Intelligence Professionals for Sanity (VIPS) who have produced credible forensic work analysing the 2016 WikiLeaks releases, that resoundingly debunks officials claims.


In the course of researching this article, I stumbled across a major discovery that augments that: the false notion of WikiLeaks being a front for Russian intelligence isn’t new – it has been pushed by media since 2009. It turns out the circulation of the WikiLeaks-Russia myth was a tried and true diversionary, smear tactic that was simply regurgitated in 2016. Julian Assange believed that UK intelligence agencies were behind the pushing of that narrative, and he was publicly stating so at the end of last decade. He wouldn’t make such claims lightly, and other emerging facts support his suspicion.

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“Otherwise you are just the establishment’s PR firm.”

Well Guess What? He Was Right Again! Free Julian Assange (CJ)

“Today’s the day that journalism gets put on trial,” Dimmack said. “And it’s interesting that behind me there are this many cameras. There haven’t been this many cameras for quite a while. It’s interesting that when Julian was dragged out and kidnapped from within that Ecuadorian embassy, all of you guys had actually gone home, and it was a Russian TV station that actually caught it, Ruptly. It’s almost as if you don’t care.”

“For seven years you have smeared and slandered that man who is going to appear on video in that court in about fifteen minutes,” Dimmack told the mainstream press, right to their fucking faces. “You are all responsible for what has happened today! All of you in the media! Every one of you. You have got blood on your hands. When he released those documents that Chelsea Manning gave him, all he did was the job of a publisher. That’s it. Right now Julian Assange is going to court and put on trial for exposing war criminals as war criminals. And all of you for seven years have smeared and slandered him. You should be ashamed of yourselves.”

“You have all got a chance right now to actually do a U-turn and repair some of the damage that you have done over the last seven years,” Dimmack roared. “The Fourth Estate is extremely important. You know this. This is why journalism is such a noble profession; you are meant to hold power accountable, not to suck up to it sycophantically and just repeat propaganda. Otherwise you are just the establishment’s PR firm.” “Stand up for Julian Assange and tell the truth,” he continued. “Ask yourselves why is it for seven years you have printed lie after lie after lie about him? Why is it for seven years you have said that he went to the Ecuadorian embassy to escape a rape charge? No he didn’t! How many times have I said it? He went in there to escape extradition to the United States.” “Well guess what?” Dimmack concluded, gesturing to the courthouse. “He was right again! Free Julian Assange.”

Read more …

More Russiagate.

DOJ Bloodhounds on the Scent of John Brennan (Ray McGovern)

The New York Times Thursday morning has bad news for one of its favorite anonymous sources, former CIA Director John Brennan. The Times reports that the Justice Department plans to interview senior CIA officers to focus on the allegation that Russian President Vladimir Putin ordered Russian intelligence to intervene in the 2016 election to help Donald J. Trump. DOJ investigators will be looking for evidence to support that remarkable claim that Special Counsel Robert Mueller’s final report failed to establish. Despite the collusion conspiracy theory having been put to rest, many Americans, including members of Congress, right and left, continue to accept the evidence-impoverished, media-cum-“former-intelligence-officer” meme that the Kremlin interfered massively in the 2016 presidential election.

One cannot escape the analogy with the fraudulent evidence of weapons of mass destruction in Iraq. As in 2002 and 2003, when the mania for the invasion of Iraq mounted, Establishment media have simply regurgitated what intelligence sources like Brennan told them about Russia-gate. No one batted an eye when Brennan told a House committee in May 2017, “I don’t do evidence.” As we Veteran Intelligence Professionals for Sanity have warned numerous times over the past two plus years, there is no reliable forensic evidence to support the story that Russia hacked into the DNC. Moreover, in a piece I wrote in May, “Orwellian Cloud Hovers Over Russia-gate,” I again noted that accumulating forensic evidence from metadata clearly points to an inside DNC job — a leak, not a hack, by Russia or anyone else.

So Brennan and his partners, FBI Director James Comey and National Intelligence Director James Clapper were making stuff up and feeding thin but explosive gruel to the hungry stenographers that pass today for Russiagate obsessed journalists. With Justice Department investigators’ noses to the ground, it should be just a matter of time before they identify Brennan conclusively as fabricator-in-chief of the Russiagate story. Evidence, real evidence in this case, abounds, since the Brennan-Comey-Clapper gang of three were sure Hillary Clinton would become president. Consequently, they did not perform due diligence to hide their tracks.

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From Monday. A few days later, the tankers were attacked. And not with mines either.

System To Circumvent US Sanctions On Iran Ready Soon: German FM (AlJ)

A European payment system designed to circumvent US sanctions on Iran will be ready soon, Germany announced on Monday. German Foreign Minister Heiko Maas met Iranian President Hassan Rouhani and Foreign Minister Mohammad Javad Zarif in Tehran as part of European efforts to salvage the historic JCPOA nuclear pact and defuse rising US-Iranian tension. Iran and Germany held “frank and serious” talks on saving the 2015 deal with world powers, Zarif told a joint press conference. “Tehran will cooperate with EU signatories of the deal to save it,” Zarif said. Maas said earlier the payment system, known as INSTEX, (Instrument in Support of Trade Exchanges) will soon be ready to go after months of work.


“This is an instrument of a new kind so it’s not straightforward to operationalise it,” he said, pointing to the complexity of trying to install a totally new payment system. “But all the formal requirements are in place now, and so I’m assuming we’ll be ready to use it in the foreseeable future,” added Maas about the system for barter-based trade with Iran. A cautious thaw in relations between Tehran and Washington began in 2015 when the deal was struck between six world powers and Iran, limiting its nuclear activity. But tensions with the US have mounted since President Donald Trump withdrew Washington from the accord in 2018 and reimposed sweeping sanctions. Iran has criticised the European signatories of the JCPOA for failing to salvage the pact after Trump pulled the US out. “There is a serious situation in the region. An escalation of tension is becoming uncontrollable and military action wouldn’t be in line with the interests of any party,” Maas said.

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From Skripal to Iran.

Jeremy Corbyn Challenges UK Government’s Iran Tanker Accusations (BBC)

Jeremy Corbyn has questioned whether the government has “credible evidence” to show Iran is behind the attacks on two oil tankers in the Gulf of Oman. Foreign Secretary Jeremy Hunt said responsibility for Thursday’s attack in the Gulf of Oman “almost certainly” lies with the Iranian regime. But the Labour leader tweeted that there was no evidence for this. Mr Hunt responded that Mr Corbyn’s comments were “pathetic” and said he should back British intelligence. It is the second time in the past few weeks that tankers appear to have been attacked in the region and comes amid escalating tension between Iran and the United States.


The US military released video footage which it said proved Iran was behind Thursday’s attacks on the Norwegian and Japanese tankers – something Iran has categorically denied. The UK Foreign Office said it was “almost certain” that a branch of the Iranian military – the Islamic Revolutionary Guard Corps – attacked the two tankers on 13 June, adding that “no other state or non-state actor could plausibly have been responsible”. “These latest attacks build on a pattern of destabilising Iranian behaviour and pose a serious danger to the region,” Mr Hunt said. However, in a tweet Mr Corbyn questioned that assessment and said the UK should ease tensions in the region, not fuel a military escalation.

Read more …

And it works!

Brexit Britain Wallows In Dangerous Talk Of National Humiliation (O’Toole)

Launching his bid for the Tory leadership this week, Dominic Raab announced, histrionically: “We’ve been humiliated as a country.” For those of us who do not live on planet Brexit, this might have been mistaken for a belated reaction to the genuinely demeaning spectacle of Donald Trump’s state visit a week earlier. But, of course, like almost all of his fellow contenders to be the next prime minister, Raab was playing his part in a strange performance in which the national honour has been so horribly besmirched by the European Union that it can be salved only by taking the pain of a no-deal Brexit.

Perhaps if you keep acting out phoney feelings, you end up not being able to recognise the real thing. Brexit Britain has been wallowing in a hyped-up psychodrama of national humiliation. It is, indeed, one of the very few things that remainers and leavers still share, even if they feel mortified for very different reasons. In relation to the EU, this sense of humiliation is wildly overplayed. But when Trump comes to town and really does degrade Britain, the sense of wounded dignity that ought to be felt seems curiously absent.

[..] how come the idea of national humiliation has loomed so large in Brexit? Shortly before the missed departure date of 29 March, a Sky Data poll asked: “Is the way Britain is dealing with Brexit a national humiliation?” Ninety per cent of respondents said yes. This idea of collective abasement is everywhere in the Brexit narrative. A random sample of headlines from across the spectrum tells the story: “Brexit and the prospect of national humiliation” (Financial Times); “Voice of the Mirror: Theresa May’s Brexit is a national humiliation”; “A national humiliation: Never was so much embarrassment caused to so many by so few” (Telegraph); “‘Humiliating to have to beg’ for EU exit, says Arlene Foster” (Irish Times). And so, endlessly, on.

There is something hysterical in this constant evocation of humiliation. It is a cry of outraged self-regard: how dare they treat us like this? Yes, of course, the Brexit debacle has reduced Britain’s prestige around the world. And the withdrawal agreement negotiated by Theresa May is indeed a miserable thing when compared with the glorious visions that preceded it. But Britain has not been humiliated by the EU – the deal was shaped by May’s (and Arlene Foster’s) red lines. Britain did not get what the Brexiters fantasised about, but it did get what it actually asked for. That’s not humiliation.

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Markets my ass. The only thing that’s left is the Fed. Markets are dead.

All Eyes On Fed As Stock Market Pines For Rate Cut (R.)

The Federal Open Market Committee meeting next week is shaping up as a pivotal one for Wall Street, with stocks primed for a selloff should the Fed fail to take an even more dovish tilt after policymakers raised expectations for a rate cut in recent weeks. The benchmark S&P 500 has rallied more than 5% this month as softening economic data coupled with comments by Fed officials heightened expectations the Fed will cut rates by the end of the year and, at the very least, telegraph it is leaning toward a later rate cut at its June 18-19 meeting. Those gains came on the heels of a selloff in May of nearly 7% in the S&P, largely fueled by investor concerns that trade wars were escalating, slowing the economy and putting it at risk of falling into a recession.


Bets for a rate cut were amplified by comments from Fed Chairman Jerome Powell on June 4, who said the central bank will respond “as appropriate” to the risks from a global trade war and other developments, and after a weak May payrolls report on June 7. Bank of America Merrill Lynch Chief Economist Michelle Meyer expects the Fed’s “dot plots” projection of interest rates, which represents the anonymous, individual rate projections of Fed policymakers for the next few years, to shift lower as officials start to factor in cuts. However, “the median dot will signal a Fed on hold,” Meyer said in a note. “The market has somehow convinced themselves that we are in an easing cycle. I am not sure how we got so far ahead of ourselves,” said Art Hogan, chief market strategist at National Securities in New York.

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Virtual wealth in a virtual reality.

US Commercial Real Estate Is Another Dangerous Bubble In The Making (Colombo)

As a result of the Fed’s ZIRP and QE programs in the past decade, virtually all types of assets soared in value: stocks, bonds, art, classic cars, farmland, residential real estate, and commercial real estate. On average, U.S. commercial real estate prices have surged by 111%, or more than double, since their 2009 low. Interestingly, most people don’t realize that U.S. commercial real estate also experienced a bubble from 2004 to 2008 at the same time as the U.S. housing bubble. This early bubble inflated for many of the same reasons as the housing bubble, which were ultra-low borrowing costs and loose lending standards. From 2004 to 2008, commercial real estate prices rose 66%, but crashed by nearly 40% during the 2008 financial crisis. Commercial real estate prices have increased even more in the current bubble (111% vs. 66%), which means that the coming commercial real estate bust is likely to be even worse than the 2008 bust.

As discussed earlier, low interest rate environments often cause dangerous bubbles to develop by encouraging borrowing booms. Like the U.S. commercial real estate bubble of 2004 to 2008, commercial real estate lending has flourished during the current bubble. Since 2012, total commercial real estate loans at U.S. banks have increased by an alarming $700 billion or 50%.

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“There haven’t been any cataclysmic consequences, so why worry about it?”

The “Deficits Don’t Matter” Folly (Stockman)

Well, that was timely. The US Treasury just posted a record $207 billion deficit for May and record monthly spending of $440 billion. That brought the rolling 12 month deficit to just shy of the trillion dollar mark at $986 billion. The timely part is two-fold. First, it just so happens that May marked month #119 of the current expansion, making it tied for the duration record with the 1990s cycle. But even JM Keynes himself would be rolling in his grave in light of the chart below. To wit, even by the lights of hardcore Keynesians of yore, fiscal deficits were supposed to be falling sharply at the end of a business cycle or even moving into surplus as they did in 1999-2000, not erupting toward 5% of GDP as has now happened.

The second timely note, of sorts, is that the Wall Street Journal was Johnny on the Spot this AM with a front page story entitled, “How Washington Learned to Love Debt and Deficits”. The story’s quote from the current Dem Chairman of the House Budget Committee, John Yarmouth, says it all. There simply has never been such bipartisan complacency about the nation’s public finances in all of modern history – including during the biggest borrow and spend days of FDR, LBJ and every president since Gerald Ford: “Rep. John Yarmuth (D., Ky.), House Budget Committee chairman, says he rarely hears from constituents concerned about rising deficits and debt. Many voters’ attitudes, he says: “There haven’t been any cataclysmic consequences, so why worry about it?”

The WSJ story is a dog’s breakfast of rationalizations, non sequitirs, political double-talk and Keynesian tommyrot. What is the most telling, however, is that it was co-authored by Jon Hilsenrath, who was the paper’s long-time Fed reporter. Yet it contains not a single word about the role of central banks in fostering the utter collapse of fiscal responsibility described by his lengthy report. So for want of doubt, here is the culprit. The central banks of the world have expanded their balance sheets by upwards of $22 trillion since the turn of the century, thereby massively monetizing the erupting public debt of the US and most of the world via fiat credit snatched from thin air.

So did that massive $22 trillion “buy” order from the central banks weigh heavily on the supply of funds side of the scales in the fixed income market, thereby driving bond prices skyward and yields ever lower? Why, goodness gracious, yes it did!

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Really?

Beijing Yields To Hong Kong’s Financial Clout (R.)

Beijing has yielded to Hong Kong’s unique economic status. Carrie Lam, chief executive of the special administrative region, on Saturday indefinitely suspended a bill that would have allowed extradition to the mainland, responding to mass rallies and violent street protests that rocked the city. It’s a defeat for her, and leaves the central government embarrassed. But for the Chinese Communist Party, preserving Hong Kong’s financial role still trumps the desire for more political control. Lam took office in 2017, and is considered a reliable Beijing loyalist. Pushing through the extradition bill, however, came from her, she said. Either way, the central government endorsed it enthusiastically as well. Yet the strength and breadth of the protests caught both Lam and Beijing off guard.


The backlash was not confined to democracy advocates, much less to a radical minority that began calling for independence after the Occupy movement in 2014. It extended to anyone who distrusted the Chinese legal system. In the end, that seemed to be almost everyone. Some tycoons began moving funds out of Hong Kong to Singapore in advance of the bill’s passage, Reuters reported, a hint of the outflows before the 1997 handover from Britain. And not only did the pro-Beijing camp fail to mobilise against the demonstrations in force – as it did in 2014 – the conservative business community began expressing public doubts about the agenda almost immediately. Financial markets wobbled. Worse still, U.S. politicians threatened to re-evaluate Hong Kong’s unique status, which could affect everything from visas to trade.

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We’re all on planet Japan. Pension systems everywhere are imploding.

Meanwhile, over on Planet Japan (Simon Black)

It was only a few days ago that the Japanese government’s Financial Services Agency published its oddly-titled “Annual Report on Ageing Society”. (Like everything in Japan, English translations often hilariously miss the mark…) This is a report that the Ministry of Finance puts out every year. And as the name implies, the report discusses the state of Japan’s pension fund, and its future prospects for taking care of its senior citizens. Bear in mind that Japan has the oldest population in the world; Japan ranks #2 in the world for average age (46.9, just behind Monaco), #1 in the world for the greatest percentage of citizens over the age of 70, and #1 in the world for life expectancy. In a nutshell, this means that Planet Japan has more people collecting pension benefits, for more years, than anywhere else.

Yet at the same time, Japan’s pension fund is completely insolvent. There simply aren’t enough people paying into the system to make good on the promises that have been made. At present there are only 2 workers paying into the pension program for every 1 retiree receiving benefits in Japan. The math simply doesn’t add up, and it’s only getting worse. Planet Japan’s birth rate is infamously low, and the population here is actually DECLINING. So, fast forward another 10-15 years, and there will be even MORE people collecting pension benefits, and even FEWER people paying into the system. This year’s ‘Annual Report on Ageing Society’ plainly stated this reality; it was a brutally honest assessment of Japan’s underfunded pension program.

The report went on to tell people that they needed to save their own money for retirement because the pension fund wouldn’t be able to make ends meet. This terrified a lot of Japanese workers and pensioners. So the government stepped in to quickly solve the problem… by making the report disappear. Prime Minister Shinzo Abe apologized for the report, calling it “inaccurate and misleading.” And Finance Minister Taro Aso– himself a pensioner at age 78 (though in typical Japanese form he looks like he’s 45)– simply un-published the report.

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May 172019
 


Carl Bloch The transfiguration c1865

 

Chelsea Manning Jailed Again For Refusing To Testify Against WikiLeaks (RT)
The Revelations of WikiLeaks: No. 3—The Most Extensive Classified Leak Ever
The Liberal Embrace of War (Matt Taibbi)
UK-US Row Over Iran Intel Unleashes Storm Of Behind The Scenes Infighting (ZH)
FBI-CIA Dispute Erupts Over Whether Comey Or Brennan Pushed Steele Dossier (ZH)
A World Aching For Peace & Stability Can No Longer Afford NATO (Wight)
Brexit Talks About To Fail As May’s Premiership Fades (R.)
How Much Was Pilot Error A Factor In The Boeing 737 MAX Crashes? (ST)
Boeing Faces a Possible Legal Nightmare With Airlines for 737 MAX (TPG)
US Must Break Up Facebook ‘Monopoly’ (FT Op-Ed)
Huawei’s Chip Maker Says It Has Long Been Preparing For US Ban Scenario (R.)
Greek Austerity Policy ‘Proven To Be Right,’ Says Merkel (K.)
Tower Of London Saved From Prophesy As First Ravens In 30 Years Hatch (Tel.)

 

 

“I would rather starve to death than to change my opinion in this regard.”

They have 60 days from Assange’s arrest to make her talk.

Chelsea Manning Jailed Again For Refusing To Testify Against WikiLeaks (RT)

A federal judge has ordered Chelsea Manning to be jailed again for refusing to testify in a grand jury probe of Julian Assange, threatening the whistleblower with fines if the defiance continues. Manning says she would rather die. “I would rather starve to death than to change my opinion in this regard. And when I say that, I mean that quite literally,” Manning said during a hearing at a federal courthouse in Virginia on Thursday. The US Army intelligence specialist has already spent seven years behind bars for handing over classified military and diplomatic files to WikiLeaks in 2010, and another 62 days in jail until last week for refusing to testify before another grand jury.

This time, Manning faces a fine of $500 a day if she continues to refuse cooperation after 30 days in jail. The fine will go up to $1,000 a day after two months. “I have never heard of jailing a witness for this long,” former FBI agent and whistleblower Colleen Rowley told RT. If the grand jury term goes on for 18 months, the fines could exceed half a million dollars, she added, calling it “draconian.” Rowley added that the jailing of Manning is either illegal retaliation by the Trump administration, “or the case against Julian Assange is just that weak that they absolutely need Chelsea Manning’s testimony in order to firm up these specious charges.”

[..] The new grand jury subpoena appears to be related to the US prosecution of WikiLeaks publisher Julian Assange, who was arrested last month and is currently awaiting his extradition hearing in the UK. Assange is officially accused of conspiring with Manning to hack into Pentagon computers, while acknowledging the hack never actually happened. “I’ve read the indictment and the affidavit that came with the indictment” against Assange, Manning said on Thursday, “and the case doesn’t make sense, it seems kind of bananas.” If there is already an indictment against Assange, what’s the purpose of another grand jury, Manning asked reporters.

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Where are they now? “WikiLeaks partnered with The New York Times, The Guardian, Der Spiegel, Al Jazeera and Le Monde ..”

The Revelations of WikiLeaks: No. 3—The Most Extensive Classified Leak Ever

For WikiLeaks, 2010 was an exceptionally eventful year. In April the transparency organization released “Collateral Murder,” the video of U.S. Army helicopters as they shot more than a dozen Iraqis in Baghdad. That proved a worldwide shock and put the 4-year-old publisher on the global media map. “Afghan War Diaries,” a cache of 75,000 documents, followed in July. Three months later, on Oct. 22, 2010, WikiLeaks released an even more explosive trove: 391,831 documents and videos it named “Iraq War Logs.” This superseded “Afghan War Diaries” as by far the most extensive leak of classified material in U.S. history. It shone a stark light on the U.S.–led coalition’s conduct in Iraq after its 2003 invasion, when the nation had erupted into a violent sectarian war.

Julian Assange, WikiLeaks founder, said the Logs “constituted the most comprehensive and detailed account of any war ever to have entered the public record.” The source for the “Iraq War Logs” was once again Chelsea Manning, who by then was in a military prison awaiting trial on charges connected to “Collateral Murder” that wound up including 22 counts of theft, assisting the publication of classified intelligence and aiding the enemy. With the publication of the “Iraq War Logs,” WikiLeaks disgorged an unprecedented profusion of documents, military reports and videos. The Logs cover the six-year period from Jan. 1, 2004, (a matter of months after the 2003 invasion) to Dec. 31, 2009.

WikiLeaks partnered with The New York Times, The Guardian, Der Spiegel, Al Jazeera and Le Monde to disseminate the Iraq Logs. Taken together, the Logs portray Iraq under allied occupation as the scene of lawless mayhem and violence. Codes of conduct were routinely ignored, shootings were often indiscriminate and torture of detainees was regularly treated as acceptable practice. Innocent civilians were under constant threat of U.S.-led coalition gunfire and arrest, interrogation, and mistreatment by allied military units and the Iraqi army and police.

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Americans who want peace have nobody left to talk to.

The Liberal Embrace of War (Matt Taibbi)

The United States has just suspended flights to Venezuela. Per the New York Times: “CARACAS — The United States banned all air transport with Venezuela on Wednesday over security concerns, further isolating the troubled South American nation…” A disinterested historian — Herodotus raised from the dead — would see this as just the latest volley in a siege tale. America has been trying for ages to topple the regime of President Nicholas Maduro, after trying for years to do the same to his predecessor, Hugo Chavez. The new play in the Trump era involves recognizing Juan Guaidó as president and starving and sanctioning the country. Maduro, encircled, has been resisting.

The American commercial news landscape, in schism on domestic issues, is in lockstep here. Every article is seen from one angle: Venezuelans under the heel of a dictator who caused the crisis, with the only hope a “humanitarian” intervention by the United States. There is no other perspective. Media watchdog FAIR just released results of a study of three months of American opinion pieces. Out of 76 editorials in the New York Times, Washington Post, the “big three Sunday morning talk shows” or PBS News Hour, zero came out against the removal of Maduro. They wrote: “Corporate news coverage of Venezuela can only be described as a full-scale marketing campaign for regime change.”

Allowable opinion on Venezuela ranges from support for military invasion to the extreme pacifist end of the spectrum, as expressed in a February op-ed by Dr. Francisco Rodriguez and Jeffrey Sachs called “An Urgent Call for Compromise in Venezuela”: “We strongly urge… a peaceful and negotiated transition of power rather than a winner-take-all game of chicken…” So we should either remove Maduro by force, or he should leave peaceably, via negotiation. These are the options. After the disaster of Vietnam eons ago, American thought leaders became convinced we “lost” in Indochina because of — get this — bad PR. The real lesson in Vietnam should have been that people would pay any price to overthrow a hated occupying force. American think-tankers and analysts however somehow became convinced (and amazingly still are) that the problem was Walter Cronkite and the networks giving up on the war effort.

[..] Earlier this month, onetime fierce Iraq war opponent Rachel Maddow went on TV to embrace John Bolton in a diatribe about how the poor National Security Adviser has been thwarted by Trump in efforts to topple Maduro. “Regardless of what you thought about John Bolton before this, his career, his track record,” Maddow said. “Just think about John Bolton as a human being.” The telecast was surreal. It was like watching Dick Cheney sing “Give Peace a Chance.”

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We already knew that. It’s called pattern recognition: “No – there’s been no increased threat from Iranian-backed forces in Iraq and Syria..”

UK-US Row Over Iran Intel Unleashes Storm Of Behind The Scenes Infighting (ZH)

A new report in Britain’s The Times says the UK’s Ministry of Defense (MoD) is standing by its senior officer in the US-led coalition in Iraq and Syria, who earlier this week publicly contracted the Pentagon and US administration by appearing to dismiss US intelligence claims over the heightened Iran threat. The awkward public exchange unfolded between the US military and its closest allied military coalition force during a Pentagon press conference on Tuesday wherein a top British commander in charge of anti-ISIS coalition forces rebuked White House claims on the heightened Iran threat.

“No – there’s been no increased threat from Iranian-backed forces in Iraq and Syria,” British Army Maj. Gen. Christopher Ghika, a deputy head of the US-led coalition, asserted confidently in a video link briefing from Baghdad to the Pentagon in response to a CNN question. Essentially this meant the powerful number two commander of “Operation Inherent Resolve” Combined Joint Task Force was questioning the entire basis on which the “imminent threats” and “high level of alert” shift in mission readiness decision was made. But now Britain’s Foreign and Commonwealth Office is said to be fuming over the handling of the situation. The public disagreement, quickly picked up in world headlines, and further weakening the White House’s stance on the “Iran threat”, has unleashed a storm of controversy among allies behind the scenes.

The Times report includes the following bombshell details: “Officials from the Foreign and Commonwealth Office are understood to be angry at the MoD’s handling of the situation. The row raises questions about the extent of intelligence that the US has shared with Britain about the alleged threat from Iran. Israeli media reported that the warnings were passed on by Mossad, the Israeli intelligence agency. The US State Department has ordered non-emergency employees to leave Iraq.”

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US intelligence agencies fighting over a fake document.

FBI-CIA Dispute Erupts Over Whether Comey Or Brennan Pushed Steele Dossier (ZH)

A dispute has erupted over whether former FBI Director James Comey or his CIA counterpart, John Brennan, promoted the unverified Steele dossier as the Obama-era intelligence community targeted the Trump campaign. According to Fox News, an email chain exists which indicates that Comey told bureau subordinates that Brennan insisted on the dossier’s inclusion in the intelligence community assessment (ICA) on Russian interference. Also interesting is that the dossier was referred to as “crown material” in the emails – a possible reference to the fact that Steele is a former British spy. In a statement to Fox, however, a former CIA official “put the blame squarely on Comey.”


“Former Director Brennan, along with former [Director of National Intelligence] James Clapper, are the ones who opposed James Comey’s recommendation that the Steele Dossier be included in the intelligence report,” said the official. “They opposed this because the dossier was in no way used to develop the ICA,” the official continued. “The intelligence analysts didn’t include it when they were doing their work because it wasn’t corroborated intelligence, therefore it wasn’t used and it wasn’t included. Brennan and Clapper prevented it from being added into the official assessment. James Comey then decided on his own to brief Trump about the document.”

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Start with ending Russophobia, and take it from there.

A World Aching For Peace & Stability Can No Longer Afford NATO (Wight)

NATO Secretary General Jens Stoltenberg calling for an end to the fighting in Libya is like an arsonist calling for the house he’s just burned to the ground to stop emitting smoke. For this reason it can only be an excess of black humor or wilful amnesia on the part of Mr Stoltenberg that explains his perverse call for this particular conflict to end in this particular country, eight years after it received a prolonged visit from a Western military alliance over which he currently presides. Along with recent NATO exercises in Estonia, involving 9,000 troops operating just 15km from Russia’s border, Jens Stoltenberg’s call for a peaceful resolution to the ongoing crisis in Libya suggests that the pride of place above the entrance to NATO headquarters in Brussels should be inscribed in bold letters with the Orwellian mantra of ‘War is peace. Freedom is slavery’.

Because ever since the demise of the Soviet Union, NATO has been engaged in a perennial quest for meaning and relevance, which means to say for opportunities to unleash its democracy missiles and drop its democracy bombs. It is a quest that has and continues to involve ideologues in the media, neocon think tanks, and governments going out of their way to convince people across Europe and the US that without NATO manning the ramparts of Western civilization, the barbarians located to the North, South, East and West of them will come and destroy everything they hold dear.

Stripped of obfuscation, what we have here is a tawdry and base exercise in scaremongering; its aim to inculcate the belief that Russia, Iran, China, North Korea, Venezuela (you can take your pick) is their enemy and a threat to their security. Thus it is that the extent to which people living in the West refuse to internalise the propaganda of their own ruling class and its functionaries is determined by their ability to see the world as it truly is, rather than continue to exist in the darkened room of Western exceptionalism.

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Tories see big losses in the polls. Boris to the rescue. But pushing through Brexit at this point is going to get real ugly.

Brexit Talks About To Fail As May’s Premiership Fades (R.)

Nearly three years after the United Kingdom unexpectedly voted in a referendum to leave the EU, it is still unclear how, when or if it will ever indeed quit the European club it joined in 1973. Brexit talks between May’s Conservatives and the opposition Labour Party are about to close without an agreement, the BBC said, hours after May agreed on Thursday to set out a timetable for her departure in early June. “If the talks are not going anywhere, from my point of view that leads to only one conclusion,” Hilary Benn, the chairman of parliament’s Brexit committee, told BBC radio. “There are only two ways out of the Brexit crisis that we’ve got: either parliament agrees a deal or we go back to the British people and ask them to make the choice.”


After the Brexit deal that May struck with Brussels was defeated a third time by parliament, she announced on April 2 that she would open talks with Labour. But the two parties have failed to agree on major issues such as the opposition party’s demand for a post-Brexit customs union. Labour leader Jeremy Corbyn, a veteran socialist who voted against membership of the EU in 1975, has said that May refused to budge on key demands. May’s hands have been tied, knowing that to make concessions to Labour would lead to fury in her divided party. Labour has feared that any compromises on issues such as workers’ rights would be torn up by May’s successor. The two party leaders will now move to a second phase, aimed at agreeing on a process for parliamentary votes designed to find a consensus, the BBC said.

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Boeing blames the pilots. Easy because they’re dead.

How Much Was Pilot Error A Factor In The Boeing 737 MAX Crashes? (ST)

In his opening statement Wednesday at the House Aviation subcommittee hearing on the 737 MAX in Washington, D.C., the lead Republican congressman blamed errors by the Indonesian and Ethiopian pilots for the two deadly MAX crashes in those countries. “Pilots trained in the United States would have successfully been able to handle” the emergencies on both jets, said Rep. Sam Graves of Missouri, ranking member of the House Transportation and Infrastructure Committee. He added that preliminary reports about the accident “compound my concerns about quality training standards in other countries.” Graves was repeating the main points in a report written by two pilots at a major U.S. airline that pointed to pilot error as “the most consequential factor” in both crashes.

Their report was commissioned and paid for by institutional investors with large holdings in Boeing stock. That case for pilot error as the major cause of the crashes seems close to a surrogate for what Boeing has only hinted at, and may be a key part of the manufacturer’s legal defense in liability lawsuits. Yet two flight-simulator sessions replicating the conditions on the doomed flights contradict Graves’ contention that better trained pilots would have escaped disaster. And some Western-trained pilots criticize the report as based on unverified assumptions and minimizing the intense stress Boeing’s runaway flight-control system imposed on the two flight crews.

“I’m disappointed with those who sit in their lofty chairs of judgment and say this wouldn’t have happened to U.S. pilots,” said a veteran captain with a major U.S. airline, who asked not to be named to avoid involving his employer. The flight crew on the March 10 Ethiopian flight faced a barrage of alerts in the flight that lasted just 6 minutes. Those alerts included a “stick shaker” that noisily vibrated the pilot’s yoke throughout the flight, warning the plane was in danger of a stall, which it wasn’t; repeated loud “DON’T SINK” warnings that the jet was too close to the ground; a “clacker” making a very loud clicking sound to signal the jet was going too fast; and multiple warning lights telling the crew the speed, altitude and other readings on their instruments were unreliable.

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Don’t forget: Boeing faces Ralph Nader. And his entire network.

Boeing Faces a Possible Legal Nightmare With Airlines for 737 MAX (TPG)

Boeing could be on the hook for enough to bankrupt a small country — but it the Chicago-based company were found not to bear any responsibility for the issues with the 737 MAX, then it could have to pay nothing, though whoever is found to be at fault would still be liable, of course. If Boeing were found liable, then the court would have to decide the appropriate award Boeing would have to pay out to the airlines — enough to compensate the plaintiff for the damage to its business from lost fares, sunk costs in the defective aircraft, etc.


If, in the least likely but most sensational possibility, Boeing officials are found to have actively covered up a problem with the aircraft in what amounts to a crime, then the plaintiffs would probably be awarded not just compensatory damages but punitive damages — typically three times the amount of the compensatory damages. None of this, however, addresses the likely wrongful-death lawsuits from the families of the passengers who perished in the 737 MAX crashes. In those cases, the airlines and Boeing will probably be sitting on the same side of the courtroom — as co-defendants. But Dedmon stressed that, as the 737 MAX crisis is still unfolding, it’s still hard to speculate where things will go, in the courtroom or outside it. “It’s the tip of the spear,” he said.

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But CIA wants it just the way it is.

US Must Break Up Facebook ‘Monopoly’ (FT Op-Ed)

Facebook’s chief executive Mark Zuckerberg recently called for the US government to be more proactive in regulating social media. His former dorm mate Chris Hughes went a step further last week. Mr Hughes wants to break up the social network he co-founded. The controversies surrounding Facebook point to a broader need for a new competition law. At a time when governments in Europe are already moving against Big Tech’s excesses, the US should take the chance to reform its own outdated rules. In his article, Mr Hughes excoriates Mr Zuckerberg for chasing profits over user security.

The Facebook co-founder is alarmed by Mr Zuckerberg’s ability to decide what millions of people read via the network. Mr Hughes goes on to criticise the US government for its relative inaction, emphasising that fining Facebook or instituting new privacy rules is insufficient. In calling for the company to be broken up, Mr Hughes rejects the school of competition law dominant in the US since the 1980s. This views pricing as the only metric for assessing competition. Such a narrow focus collapses when applied to Facebook and other Big Tech firms, which provide services for “free” in return for taking users’ data, rather than their cash.

Facebook epitomises the dangers of data oligopolies, with its plan to tie WhatsApp, Facebook and Instagram into a single encrypted messaging system. With control of three major platforms, it can use metadata such as contacts or external pages to provide useful data to advertisers and to train algorithms. New competitors without access to these data reservoirs will inevitably struggle to compete. In the past, Big Tech firms have simply acquired them and folded them into their business or copied their ideas at scale. The data rich get data richer, even though there is no apparent cost to consumers under current competition law.

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“HiSilicon has been secretly developing back-up products for years..”

Huawei’s Chip Maker Says It Has Long Been Preparing For US Ban Scenario (R.)

Huawei Technologies’ chip arm HiSilicon said on Friday it has long been prepared for the “extreme scenario” that it could be banned from purchasing U.S. chips and technology, and is able to ensure steady supply of most products. HiSilicon, which mainly designs chips for Huawei equipment, made the comments in a letter to staff attributed to President He Tingbo dated “the small hours of May 17”, shortly after the United States officially banned Huawei from buying U.S. technology without special approval. The ban has thrown into disarray prospects for sales at some of the largest tech companies and drew a sharp rebuke from Beijing, further ratcheting up tensions over trade.


Huawei confirmed authenticity of the letter seen by Reuters and published by Chinese media on Friday. HiSilicon has been secretly developing back-up products for years in anticipation of the unlikely scenario that Huawei may one day be unable to obtain advanced chips and technology from the United States, He said in the letter. HiSilicon’s efforts have ensured a steady supply and “strategic safety” of most products, He said, adding that Huawei will aim to be technologically self-sufficient. He described HiSilicon’s efforts as a “long march in the history of technology” that would now pay off with the United State’s “crazy decision” that brought this “extreme and dark moment”.

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The currency union is more important than the people. Some mutti. Some union.

Greek Austerity Policy ‘Proven To Be Right,’ Says Merkel (K.)

German Chancellor Angela Merkel has defended austerity policy in Greece and other debt-hit countries in the eurozone, however acknowledging that the people had to shoulder a “considerable” burden. “What counts is that the currency union and the euro were maintained,” Merkel said in an interview with Germany’s Suddeutsche Zeitung. Merkel, who is in her fourth and final term in office, said that reforms in Greece, Ireland, Portugal and Spain “have proven to be right, even if I don’t dispute that the burden for the population was considerable.” Speaking about Europe’s refugee crisis, Merkel said that the problem requires greater burden-sharing among EU members as well as efforts to tackle the roots of the problem.

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Pheww…. Saved by the bell.

Tower Of London Saved From Prophesy As First Ravens In 30 Years Hatch (Tel.)

The Tower of London will be protected from a prophesied demise for years to come, after the first ravens in 30 years were born inside its walls. At least six ravens have been kept at the fortress since the days of King Charles II, who feared the Tower and the kingdom would fall if they were ever allowed to leave. Ruination loomed large last year as the number of legal raven breeders continued to shrink across the UK, making it harder for the ancient quota to be honoured. A new aviary was eventually installed inside the London landmark, into which two breeding ravens – Huginn and Muninn – were brought at the end of last year.


Few expected the couple to be settled in time for the 2019 mating season, but, not without some sense of occasion, new life began emerging on April 23 – St George’s Day. All four chicks have now hatched, the first to do so at the Tower since 1989. They join seven other ravens in addition to the breeding couple and shore up the Tower’s safety for the foreseeable future. Chris Skaife, ravenmaster at the Tower of London, said: “My suspicions were first piqued that we might have a chance of baby chicks when the parents built a huge nest suddenly overnight and then almost immediately the female bird started to sit on it, then on the April 23 I noticed the birds going to the nest with food.”

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May 102019
 


James McNeill Whistler Symphony in White, No. 3 1867

 

US Hikes Tariffs On Chinese Goods, China Says To Strike Back (R.)
Historic Lawsuit Could “Wreak Havoc” On The Leveraged Loan Market (ZH)
The Real Muellergate Scandal (Craig Murray)
From Russiagate to Gunboat Diplomacy (Jacobin)
FBI’s Steele Story Falls Apart (Solomon)
Roger Stone Wins Right To Receive Unredacted Parts of Mueller Report (SC)
Chelsea Manning Released After 2 Months, Might Be Back In Jail In 6 Days (RT)
The Law Being Used to Prosecute Julian Assange Is Broken (Ekeland)
Swedish Prosecutor To Give Decision On Assange Rape Inquiry (G.)
The Revelations of WikiLeaks: No. 2 (Vos)
Facebook Co-Founder Calls For Breakup Of The Company (ZH)
UK Tories Could Come Sixth In European Elections (G.)
America, You Are Fired! (Dmitry Orlov)
Chernobyl Has Become A Refuge For Wildlife 33 Years Later (Conv.)
Ireland Second Country To Declare Climate, Biodiversity Emergency (RTE)

 

 

Keep talking!

US Hikes Tariffs On Chinese Goods, China Says To Strike Back (R.)

U.S. President Donald Trump’s tariff increase to 25% on $200 billion worth of Chinese goods took effect on Friday, and Beijing said it would strike back, ratcheting up tensions as the two sides pursue last-ditch talks to try salvaging a trade deal. China’s Commerce Ministry said it “deeply regrets” the U.S. decision, adding that it would take necessary countermeasures, without elaborating. The hike comes in the midst of two days of talks between top U.S. and Chinese negotiators to try to rescue a faltering deal aimed at ending a 10-month trade war between the world’s two largest economies. Chinese Vice Premier Liu He, U.S. Trade Representative Robert Lighthizer and U.S. Treasury Secretary Steven Mnuchin talked for 90 minutes on Thursday and were expected to resume talks on Friday.


The Commerce Ministry said that negotiations were continuing, and that it “hopes the United States can meet China halfway, make joint efforts, and resolve the issue through cooperation and consultation”. With no action from the Trump administration to reverse the increase as negotiations moved into a second day, U.S. Customs and Border Protection imposed the new 25% duty on affected U.S.-bound cargoes leaving China after 12:01 a.m. EDT (0401 GMT) on Friday. Goods in the more than 5,700 affected product categories that left Chinese ports and airports before midnight will be subject to the original 10% duty rate, a CBP spokeswoman said.

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Don’t worry, Fed to the rescue.

Historic Lawsuit Could “Wreak Havoc” On The Leveraged Loan Market (ZH)

Ask any banker (or analyst) what the difference is between a junk bond and a loan, and you’ll most likely get a blank start in response: starting with the size of the loan market, which is now virtually identical to that of the high yield bond market, continuing through the standardization of loan terms, the growth of secondary trading, and all the way through to “protections” granted to loan investors, which in an age of exclusively covenant-lite issuance, no longer exist, and one can argue that at least superficially, a loan is effectively the same as a junk bond. And yet, there is one critical difference between the two: junk bonds are securities, while loans aren’t. That difference, however, may not be true for much longer.

As Bloomberg reports, a group suing JPMorgan Chase and other banks over a loan that went sour four years ago is alleging the underwriters engaged in securities fraud. If successful, the article contends correctly, the lawsuit will “radically transform the $1.2 trillion leveraged lending market” because should the plaintiff ultimately prevail in arguing that loans are de facto securities, it would dramatically alter how American companies raise debt, according to two industry groups that filed a brief supporting the defendants’ argument last week. “There are absolutely enormous market consequences if a court determines that leveraged loans are securities,” J. Paul Forrester, a partner at Mayer Brown told Bloomberg. “Leveraged loans and lenders would be potentially subject to the same offering and disclosure requirements as securities and would face the same regulatory oversight and enforcement consequences.”

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Well, whaddaya know, there are people who agree with me… The VIPS, Assange, it’s all I’ve been talking about. I said Mueller is a coward and a liar, Murray calls him deeply corrupt. Same difference.

The Real Muellergate Scandal (Craig Murray)

Robert Mueller is either a fool, or deeply corrupt. I do not think he is a fool. I did not comment instantly on the Mueller Report as I was so shocked by it, I have been waiting to see if any other facts come to light in justification. Nothing has. I limit myself here to that area of which I have personal knowledge – the leak of DNC and Podesta emails to Wikileaks. On the wider question of the corrupt Russian 1% having business dealings with the corrupt Western 1%, all I have to say is that if you believe that is limited in the USA by party political boundaries, you are a fool. On the DNC leak, Mueller started with the prejudice that it was “the Russians” and he deliberately and systematically excluded from evidence anything that contradicted that view.

Mueller, as a matter of determined policy, omitted key steps which any honest investigator would undertake. He did not commission any forensic examination of the DNC servers. He did not interview Bill Binney. He did not interview Julian Assange. His failure to do any of those obvious things renders his report worthless. There has never been, by any US law enforcement or security service body, a forensic examination of the DNC servers, despite the fact that the claim those servers were hacked is the very heart of the entire investigation. Instead, the security services simply accepted the “evidence” provided by the DNC’s own IT security consultants, Crowdstrike, a company which is politically aligned to the Clintons.

That is precisely the equivalent of the police receiving a phone call saying: “Hello? My husband has just been murdered. He had a knife in his back with the initials of the Russian man who lives next door engraved on it in Cyrillic script. I have employed a private detective who will send you photos of the body and the knife. No, you don’t need to see either of them.” There is no honest policeman in the world who would agree to that proposition, and neither would Mueller were he remotely an honest man.

[..] Mueller’s failure to examine the servers or take Binney’s evidence pales into insignificance compared to his attack on Julian Assange. Based on no conclusive evidence, Mueller accuses Assange of receiving the emails from Russia. Most crucially, he did not give Assange any opportunity to answer his accusations. For somebody with Mueller’s background in law enforcement, declaring somebody in effect guilty, without giving them any opportunity to tell their side of the story, is plain evidence of malice. Inexplicably, for example, the Mueller Report quotes a media report of Assange stating he had “physical proof” the material did not come from Russia, but Mueller simply dismisses this without having made any attempt at all to ask Assange himself.

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Where would US media be without Russia?

From Russiagate to Gunboat Diplomacy (Jacobin)

One of the things Russiagate skeptics found unsettling about the frenzy over supposed “collusion” was that it made war more likely. Not only did the now-debunked conspiracy theories and resulting political climate push officials into a more aggressive posture toward Russia, but once the Kremlin was returned to its status as the foreign policy elite’s Big Bad, it was easy to imagine a situation where the threat of a Russian bogeyman could be used to justify any number of unrelated foreign adventures. This appears to be exactly what’s happening with Venezuela right now. First there was Fareed Zakaria, who two months ago tried to goad Trump into attacking Venezuela by pointing to Russia’s support for Maduro.

“Putin’s efforts seem designed to taunt the United States,” he said (it might also have something to do with the billions of dollars Russia sank into the country), making reference to the Monroe Doctrine. He asked if Washington would “allow Moscow to make a mockery of another American red line,” warning that “if Washington does not back its words with deeds” the country could become another Syria. Zakaria concluded: “will Venezuela finally be the moment when Trump finally ends his appeasement?” More recently, Secretary of State Mike Pompeo charged that Russia had “invaded” Venezuela before claiming the Kremlin had dissuaded Maduro from fleeing the country at the last moment, something Pompeo has provided no evidence for but much of the media has treated as fact since.

National Security Advisor John Bolton has said that “this is our hemisphere” and “not where the Russians ought to be interfering.” Democratic Sen. Doug Jones echoed this sentiment on CNN, praising the Trump administration for saying “all options are on the table” to deal with Venezuela, something he suggested may have to be acted on “if there is some more intervention [by] Russia.” The national press, taking a break from warning about Trump being a dangerous authoritarian, has been demanding to know why he hasn’t been more aggressive toward the country over this. Particularly shameless was Florida Rep. Mario Díaz-Balart, who went on Tucker Carlson’s show to peddle half-baked innuendo as brazen as anything claimed in the lead up to the Iraq War. If Maduro’s government survived, he claimed, it would be “a green light, an open door for the Russians and for the Chinese and for others to increase their activity against our national security interest right here in our hemisphere.”

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John Solomon digs on. “She quoted Steele as saying, “Payments to those recruited are made out of the Russian Consulate in Miami..” [..] “It is important to note that there is no Russian consulate in Miami.”

FBI’s Steele Story Falls Apart (Solomon)

The FBI’s sworn story to a federal court about its asset, Christopher Steele, is fraying faster than a $5 souvenir T-shirt bought at a tourist trap. Newly unearthed memos show a high-ranking government official who met with Steele in October 2016 determined some of the Donald Trump dirt that Steele was simultaneously digging up for the FBI and for Hillary Clinton’s campaign was inaccurate, and likely leaked to the media. The concerns were flagged in a typed memo and in handwritten notes taken by Deputy Assistant Secretary of State Kathleen Kavalec on Oct. 11, 2016. Her observations were recorded exactly 10 days before the FBI used Steele and his infamous dossier to justify securing a Foreign Intelligence Surveillance Act (FISA) warrant to spy on Trump campaign adviser Carter Page and the campaign’s contacts with Russia in search of a now debunked collusion theory.

It is important to note that the FBI swore on Oct. 21, 2016, to the FISA judges that Steele’s “reporting has been corroborated and used in criminal proceedings” and the FBI has determined him to be “reliable” and was “unaware of any derogatory information pertaining” to their informant, who simultaneously worked for Fusion GPS, the firm paid by the Democratic National Committee (DNC) and the Clinton campaign to find Russian dirt on Trump. That’s a pretty remarkable declaration in Footnote 5 on Page 15 of the FISA application, since Kavalec apparently needed just a single encounter with Steele at State to find one of his key claims about Trump-Russia collusion was blatantly false.

In her typed summary, Kavalec wrote that Steele told her the Russians had constructed a “technical/human operation run out of Moscow targeting the election” that recruited emigres in the United States to “do hacking and recruiting.” She quoted Steele as saying, “Payments to those recruited are made out of the Russian Consulate in Miami,” according to a copy of her summary memo obtained under open records litigation by the conservative group Citizens United. Kavalec bluntly debunked that assertion in a bracketed comment: “It is important to note that there is no Russian consulate in Miami.”

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What if the relevant sections did get redacted?

Roger Stone Wins Right To Receive Unredacted Parts of Mueller Report (SC)

A federal judge in Washington ordered the Department of Justice to turn over any unredacted sections of Special Counsel Robert Mueller’s report on Russian activities during the 2016 presidential campaign that relate to Roger Stone. U.S. District Judge Amy Berman Jackson gave the prosecutors until Monday to “submit unredacted versions of those portions of the report that relate to defendant Stone and/or ‘the dissemination of hacked materials.” Judge Jackson would review the material in private to see if it is relevant to the case and to decide whether Stone and his defense team will have access to the material.

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Is this a game?

Chelsea Manning Released After 2 Months, Might Be Back In Jail In 6 Days (RT)

Whistleblower Chelsea Manning has been released from a Virginia prison where she spent the last 62 days for refusing to testify on her 2010 leak of classified military files before a grand jury. Manning was released from William G. Truesdale Adult Detention Center in Alexandria, Virginia, on Thursday after the term of the grand jury before which she was supposed to testify expired, her legal team said in a statement reported by the Sparrow Project. However, the WikiLeaks whistleblower and activist might soon be locked up again and has already been served with another subpoena, requesting that she testifies before a different set of jurors. “Unfortunately, even prior to her release, Chelsea was served with another subpoena.


This means she is expected to appear before a different grand jury, on Thursday, May 16, 2019, just one week from her release today,” her lawyers said. Despite having spent over two months behind bars, Manning has no intention to cave in to the demand and make herself available to a secret grand jury’s questioning, according to the statement. “Chelsea will continue to refuse to answer questions, and will use every available legal defense to prove to District Judge Trenga that she has just cause for her refusal to give testimony.” Manning insists that she already gave an “exhaustive testimony” on all the matters concerning her disclosure of military documents at a 2013 court martial. In an 8-page declaration filed to the Virginia court on May 6, Manning accused the US government of using the “corrupt and abusive tool” of grand jury to “harass and disrupt political opponents and activists.”

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Taking us back to Aaron Schwartz.

The Law Being Used to Prosecute Julian Assange Is Broken (Ekeland)

[..] the UK courts will evaluate the US’s request to send Assange to Virginia to stand trial in federal court for a single felony charge of conspiracy to commit unauthorized access to a government computer, a violation of the Computer Fraud and Abuse Act (CFAA). After Assange’s arrest, many reached out to ask me about the CFAA. For years, I’ve represented hackers in federal criminal cases nationally involving the CFAA, including Lauri Love, whom the US unsuccessfully tried to extradite from the UK. The US indicted Love in three separate federal courts in New York, New Jersey, and Virginia, for hacking of a number of government sites including NASA, the FBI, the United States Sentencing Commission, and the Bureau of Prisons.

This was part of #OpLastResort, in protest of the CFAA prosecution and death of computer science pioneer Aaron Swartz, whose suicide in 2013 was widely viewed as resulting from a draconian CFAA prosecution. Whether intended or not, the CFAA makes it easy for a prosecutor to bring felony computer crime charges even when there’s little or no harm. [..] The core problem with the Computer Fraud and Abuse Act is that it doesn’t clearly define one of the central things it prohibits: unauthorized access to a computer. The courts across the country aren’t any help on this front, issuing conflicting decisions both with other jurisdictions and often within their own. Under the CFAA, what is a felony in one jurisdiction is legal in another.

This lack of definitional clarity allows prosecutors to charge felonies even when the harms are minimal, questionable, or just political views that DOJ doesn’t like. This is a serious problem, given that much political speech and protest these days is done with computers. And DOJ has previously used the CFAA in a politically charged prosecution. In 2011, DOJ charged the politically outspoken Aaron Swartz under the CFAA for going into an open server closet at MIT, a mecca of modern American hacking, and downloading academic articles—many of which were publicly funded—for public distribution. Even though the extent of any harm was questionable—this was a mere copying of articles—DOJ charged him with felony unauthorized access to a computer, unauthorized damage to a protected computer, felony aiding and abetting of both, and wire fraud.

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All Swedes need to be deeply ashamed. Is it too much to ask of you to let your voices be heard? All I hear is silence.

Swedish Prosecutor To Give Decision On Assange Rape Inquiry (G.)

Sweden’s state prosecutor will announce on Monday whether she will reopen a preliminary investigation into a rape allegation against Julian Assange. The WikiLeaks founder is in prison in Britain after he was arrested last month after seven years holed up in the Ecuadorian embassy in London. The US wants to extradite him in a case relating to WikiLeaks’ massive release of sensitive military and diplomatic documents. Sweden’s legal tussle with the Australian Assange has dragged on for nearly a decade after he was accused by two Swedish women of sexual assault and rape in 2010.


The statute of limitations ran out on the sexual assault allegations in 2015 and the prosecutor dropped the investigation into the rape allegation in 2017 because Assange was in the Ecuadorian embassy, where he had taken refuge to avoid extradition. The prosecutor said at the time the investigation could be reopened if the situation changed. After Assange’s arrest last month, the lawyer representing the woman who accused Assange of rape asked for the investigation to be reopened. “At [a] press conference, the prosecutor will announce her decision, which will formally be made immediately before the press conference,” the Swedish prosecution authority said in a statement.

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Elizabeth Lea Vos is compiling a history of all WikiLeaks files.

The Revelations of WikiLeaks: No. 2 (Vos)

Three months after it published the “Collateral Murder” video, WikiLeaks on July 25, 2010 released a cache of secret U.S. documents on the war in Afghanistan. It revealed the suppression of civilian casualty figures, the existence of an elite U.S.-led death squad and the covert role of Pakistan in the conflict, among other revelations. The publication of the Afghan War Diaries helped set the U.S. government on a collision course with WikiLeaks founder Julian Assange that ultimately led to his arrest last month. The war diaries were leaked by then-Army-intelligence-analyst Chelsea Manning, who had legal access to the logs via her Top Secret clearance.

Manning only approached WikiLeaks, after studying the organization, following unsuccessful attempts to leak the files to The New York Times and The Washington Post. A major controversy surrounding the Diaries’ release were allegations that operational details were made public to the Taliban’s battlefield advantage and that U.S. coalition informants’ lives were put at risk by publishing their names. Despite a widely-held belief that WikiLeaks carelessly publishes un-redacted documents, only 75,000 from a total of more than 92,201 internal U.S. military files related to the Afghan War (between 2004 and 2010) were ultimately published.

WikiLeaks explained that it held back so many documents because Manning had insisted on it: “We have delayed the release of some 15,000 reports from the total archive as part of a harm minimization process demanded by our source.” Manning testified at her 2013 court-martial that the files were not “very sensitive” and did not report active military operations.

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Facebook: We’re Not A Monopoly, We’re “A Successful American Company”

Chris Hughes, Zuck’s former roommate, said in a NYT op-ed that Facebook should be split up. The reaction: no, we’re just successful, but we do need new laws, and Zuck himself has some great ideas for that.

Facebook Co-Founder Calls For Breakup Of The Company (ZH)

[..] would-be rivals can’t raise the money to take on Facebook. Nobody would finance them knowing that if they get too powerful, Facebook will run them out of business. Hughes doesn’t blame Zuckerberg for this; after all, he’s simply demonstrating the “virtuous hustle of a talented entrepreneur.” But this is exactly why the government should feel obligated to step in and “break up Facebook’s monopoly and regulate the company to make it more accountable to the American people.” Specifically, Hughes believes the FTC should work with the DoJ to undo the Instagram and Whatsapp acquisitions. There is some precedent for this, he says.

How would a breakup work? Facebook would have a brief period to spin off the Instagram and WhatsApp businesses, and the three would become distinct companies, most likely publicly traded. Facebook shareholders would initially hold stock in the new companies, although Mark and other executives would probably be required to divest their management shares. Until recently, WhatsApp and Instagram were administered as independent platforms inside the parent company, so that should make the process easier. But time is of the essence: Facebook is working quickly to integrate the three, which would make it harder for the F.T.C. to split them up. For what it’s worth, Hughes acknowledges his complicity in creating Facebook, and the fact that he didn’t speak out – or even question the company’s monopoly power – until after Cambridge Analytica.

But that’s the past: Already, support for breaking up big-tech monopolies is gaining traction among Democrats and Republicans alike. The fact that Hughes has decided to criticized his former co-founder (and one-time college buddy) in such a public forum might seem galling to some: After all, Hughes was transformed into a millionaire 500 times over largely because he had the good fortune of being assigned to the same dorm room as Zuckerberg at Harvard. But regardless, now that Hughes has broken the seal, will he inspire more of Facebook’s co-founders and former top employees speak out. It’s worth noting that in March, Chris Cox, one of Zuckerberg’s top deputies and a longtime FB executive, left the company. Cox’s decision to leave was reportedly due to ‘disagreement’s’ that were alluded to in a blog post.

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Torn between multiple lovers. The UK governed by a fringe party.

UK Tories Could Come Sixth In European Elections (G.)

Conservative officials fear the party could come sixth in the European elections, with their support plummeting to single digits. Candidates running in the election said the party was “almost in denial” that the poll was happening and continued to insist they would not need to take up their seats in the European parliament, despite fading prospects for a cross-party deal with Labour that would enable Brexit to happen before 2 July. The fears of a dismal performance have been stoked by the fact that the party plans to spend no money on candidate campaigning, will not publish a manifesto and is refusing to hold a launch.


One MEP said candidates were funding their campaigns out of their own pockets, unlike previous years when there was a central pot of funding available. They have been told they are allowed to have their own regional manifestos, but many are not bothering, and there will be no central party manifesto. “The thinking is that if we make no effort then we will have an excuse for having done so badly. But it is seriously embarrassing,” said one MEP. Another Conservative source said internal data showed the party could do worse than the Brexit party, Labour, the Lib Dems, Change UK and even potentially the Greens, with support at less than 10%. That would translate to only a handful of seats, down from the current 22.

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Nuclear is set to make a come back, because it is the only option to maintain our complex societies. He may have a point there. The ultimate desperation.

America, You Are Fired! (Dmitry Orlov)

Some ironies are just too precious to pass by. The 2016 US presidential elections gave us Donald Trump, a reality TV star whose famous tag line from his show “The Apprentice” was “You are fired!” Focus on this tag line; it is all that is important to this story. Some Trump Derangement Disorder sufferers might disagree. This is because they are laboring under certain misapprehensions: that the US is a democracy; or that it matters who is president. It isn’t and it doesn’t. By this point, the choice of president matters as much as the choice of conductor for the band that plays aboard a ship as it vanishes beneath the waves. I have made these points continuously since before Trump got into office. Whether or not you think that Trump was actually elected, he did get in somehow, and there are reasons to believe that this had something to do with his wonderfully refreshing “You are fired!” tag line.

[..] Financially ruinous and generally nonsensical schemes such as tar sands, shale oil and industrial-scale photovoltaics, wind generation and electric cars will only accelerate the process of sorting nations into energy haves and energy have-nots, with the have-nots wiping themselves out sooner rather than later. Leaving aside various fictional and notional schemes (nuclear fusion, space mirrors, etc.) and focusing just on the technologies that already exist, there is only one way to maintain industrial civilization, and that is nuclear, based on Uranium 235 (which is scarce) and Plutonium 239 produced from Uranium 238 (of which there is enough to last for thousands of years) using fast neutron reactors. If you don’t like this choice, then your other choice is to go completely agrarian, with significantly reduced population densities and no urban centers of any size.

And if you do like this choice, then you have few alternatives other than to go with the world’s main purveyor of nuclear technology (VVER-series light water reactors, BN-series fast neutron breeder reactors and closed nuclear fuel cycle technology) which happens to be Russia’s state-owned conglomerate Rosatom. It owns over a third of the world nuclear energy market and has a portfolio of international projects stretching far into the future that includes as much as 80% of the reactors that are going to be built. The US hasn’t been able to complete a nuclear reactor in decades, the Europeans managed to get just one new reactor on line (in China) while Japan’s nuclear program has been in disarray ever since Fukushima and Toshiba’s financially disastrous acquisition of Westinghouse. The only other contenders are South Korea and China. Again, if you don’t like nuclear—for whatever reason—then you can always just buy yourself some pasture and some hayfields and start breeding donkeys.

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Nuclear anyone?

Chernobyl Has Become A Refuge For Wildlife 33 Years Later (Conv.)

About 30 researchers from the United Kingdom, Ireland, France, Belgium, Norway, Spain and Ukraine presented the latest results of our work. These studies included work on big mammals, nesting birds, amphibians, fish, bumblebees, earthworms, bacteria and leaf litter decomposition. These studies showed that at present the area hosts great biodiversity. In addition, they confirmed the general lack of big negative effects of current radiation levels on the animal and plant populations living in Chernobyl. All the studied groups maintain stable and viable populations inside the exclusion zone. These studies showed that at present the area hosts great biodiversity.

In addition, they confirmed the general lack of big negative effects of current radiation levels on the animal and plant populations living in Chernobyl. All the studied groups maintain stable and viable populations inside the exclusion zone. A clear example of the diversity of wildlife in the area is given by the TREE project (TRansfer-Exposure-Effects, led by Nick Beresford of the UK’s Centre for Ecology and Hydrology). As part of this project, motion detection cameras were installed for several years in different areas of the exclusion zone. The photos recorded by these cameras reveal the presence of abundant fauna at all levels of radiation. These cameras recorded the first observation of brown bears and European bison inside the Ukrainian side of the zone, as well as the increase in the number of wolves and Przewalski horses.

Our own work with the amphibians of Chernobyl has also detected abundant populations across the exclusion zone, even on the more contaminated areas. Furthermore, we have also found signs that could represent adaptive responses to life with radiation. For instance, frogs within the exclusion zone are darker than frogs living outside it, which is a possible defence against radiation. Studies have also detected some negative effects of radiation at an individual level. For example, some insects seem to have a shorter lifespan and are more affected by parasites in areas of high radiation. Some birds also have higher levels of albinism, as well as physiological and genetic alterations when living in highly contaminated localities. But these effects don’t seem to affect the maintenance of wildlife population in the area.


European bison (Bison bonasus), boreal lynx (Lynx lynx), moose (Alces alces) and brown bear (Ursus arctos) in Chernobyl Exclusion Zone (Ukraine). Proyecto TREE/Sergey Gaschack

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Wondering what practical measures they have in mind. Renewables?

Ireland Second Country To Declare Climate, Biodiversity Emergency (RTE)

Ireland has become only the second country in the world to declare a climate and biodiversity emergency. The development came after a Fianna Fáil amendment to the Oireachtas report on Climate Action was accepted by both the Government and Opposition parties without a vote. Chair of the Climate Action Committee, Fine Gael’s Hildegarde Naughton, welcomed the outcome as “an important statement” but added “now we need action.” She said Minister for Climate Action Richard Bruton would speedily return to the Dáil with new proposals, and she looked forward to working “with all parties and none” to scrutinise them.


Green Party leader Eamon Ryan also welcomed the development, but warned that “declaring an emergency means absolutely nothing unless there is action to back it up. That means the Government having to do things they don’t want to do”. Deputy Bríd Smith, of Solidarity/People Before Profit, said she was “delighted” with the declaration, but added it will be “interesting to see” if the Government will support her Climate Emergency Measures Bill next month, which seeks to to limit oil and gas exploration.

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Apr 262019
 


Francisco Goya The dummy 1791

 

Trump Has Just Taken The Biggest Economic Gamble Of His Presidency (AEP)
A Nation at War With Itself (Pat Buchanan)
Trump Attacks Democrat ‘Coup’ In 1st Post-Mueller Interview (RT)
US Is Investigating Assange Under Espionage Act – WikiLeaks (NP)
UN Special Rapporteur On Privacy Meets Assange In Prison: “I Will Act” (Maurizi)
Macron Responds To Gilets Jaunes Protests With €5 Billion Tax Cuts (G.)
Macron: Smaller Schengen Zone Because EU Migration Policies ‘Do Not Work’ (RT)
Irish Backstop Could Undermine EU Standards – Report (G.)
Juncker Refuses To Reject Huawei ‘Just Because It’s Chinese’ (RT)
Huawei Leak Highlights Collapse Of Discipline In May’s Cabinet (G.)
European Equities May Benefit As $1 Trillion In US Buybacks Vanish (ZH)
Universe Expands Faster Than Expected – NASA

 

 

Ambrose calls the depletion of Ghawar a “first-order shock”. Common knowledge though. Still, Trump may not be aware of it either if Ambrose isn’t.

Trump Has Just Taken The Biggest Economic Gamble Of His Presidency (AEP)

Donald Trump’s double strangulation of Iran and Venezuela is reducing spare capacity in the global oil markets to wafer-thin levels very fast. If anything goes wrong in the geopolitical cauldron of world energy over the next six months, we will discover whether Saudi Arabia really is capable of cranking up an extra 2 million barrels a day of crude. What we learnt from the rare glimpse of Saudi Aramco’s books this month is that the legendary Ghawar field is badly depleted. It cannot pump more that 3.8m barrels a day. This is a first-order shock. The company has always asserted with magisterial confidence that it can produce 5m barrels a day without difficulty.

Jean-Louis Le Mee, from Westbeck Capital, says the physical oil markets are on fire. They are heading for a supply deficit of 1.3m barrels a day by the third quarter even if OPEC matches every barrel of lost oil from Iran sanctions. “These numbers should have every investor worried,” he said. Global spare capacity is arguably as low today as it was during the great oil shocks of the last half century. We are skating on thin ice. The immediate wild card is renewed fighting in Libya but other supply problems are stacking up fast. Draconian new rules on shipping fuel to lower sulphur emissions imply a surge in demand for variants of diesel. Bank of America says this will add 1.1m barrels a day in short-term crude demand over coming months. “We see a risk of $US100 Brent by year-end,” it said.

The options markets are not priced for this so the theatrics could be spectacular. Libya is again on the cusp of full-blown civil war after the fateful march on Tripoli by general Khalifa Haftar, the mercurial Nasserist of Benghazi. The National Oil Corporation warns that a free-for-all by rival militias could cause a near total collapse in crude exports. The world could lose another 700,000 barrels a day. Brent crude has risen to a six-month high of $US74.50, up 25 per cent from its average levels over the winter. It has not yet reached the pain threshold for Europe or emerging markets but it is getting close. Oil has of course been much higher in the past – $US148 in 2008 – but the nominal price is not the macro-economic variable that matters. Trouble starts earlier if crude is rising because of a negative supply shock. That is what we face today.

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No, I haven’t become a fan of Buchanan. But his view warrants attention.

“How does a nation so divided stand united in the world? And if it cannot stand united in the world, how long does it remain a great nation?”

A Nation at War With Itself (Pat Buchanan)

President Donald Trump has decided to cease cooperating with what he sees, not incorrectly, as a Beltway conspiracy that is out to destroy him. “We’re fighting all the subpoenas,” Trump said Wednesday. “These aren’t, like, impartial people. The Democrats are out to win in 2020.” Thus the Treasury Department just breezed by a deadline from the House Ways and Means Committee to deliver Trump’s tax returns. Thus the White House will invoke executive privilege to deny the House Judiciary Committee access to ex-White House counsel Don McGahn, who spent 30 hours being interrogated by Robert Mueller’s team. Thus the Justice Department is withholding from the Oversight Committee subpoenaed documents dealing with the decision to include a question on the 2020 Census about citizenship status.

Across the capital, the barricades are going up figuratively as they did physically in the 1960s and ’70s. Once more, it’s us against them. Cognizant of the new reality, Trump seems to be saying: These House investigations constitute a massive political assault, in collusion with a hostile media, to destroy my presidency. We do not intend to cooperate in our own destruction. We are not going to play our assigned role in this scripted farce. We will resist their subpoenas all the way to November 2020. Let the people then decide the fate and future of the Trump presidency — and that of Nancy Pelosi’s House.

[..] Whatever may be said about the “deplorables,” they are not obtuse. They do not believe that people who call them racists, sexists, nativists and bigots are friends and merely colleagues of another party or persuasion. Trump’s defiance of subpoenas, however, will force the more moderate Democrats to join the militants in calling for hearings on impeachment in the House Judiciary Committee, which is where we are headed. The media are already salivating over the possible removal of a president they have come to loathe more than their great nemeses of the 20th century — Joe McCarthy and Richard Nixon. And the media will reward those who echo the call for impeachment. This week, two more Democrats running for president, including Sen. Kamala Harris, came aboard. Soon, the House will capitulate to the clamor and the stampede will be on.

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Sometimes I think the Democrats work for Trump. They hand him everything on a platter by getting lost in a fictional narrative.

Trump Attacks Democrat ‘Coup’ In 1st Post-Mueller Interview (RT)

Trump unloaded on Democrats, accusing them of an “attempted coup” in his first interview since the release of the Mueller report. Rehashing his usual rhetoric, Trump called the ‘Russiagate’ flop “bigger than Watergate.” On a victory lap since his election campaign was cleared of collusion with Moscow, Trump relied on a few tried and trusted tropes as he bashed the “13 angry Democrats” and “dirty cops” from the FBI for sparking the Russia investigation in an interview with Fox News’ Sean Hannity. The long-awaited publication of the redacted version of the Mueller report appears to have given Trump a huge boost of confidence as he sounded more assertive than ever, taking aim at his political opponents and doubling down on his innocence.


“The greatest scandal in the history of our country. Bigger than Watergate, because it means so much. This wasn’t stealing information from an office in the Watergate apartments. This was an attempted coup. It’s inconceivable. Like a third world country.” Trump lashed out at former rival Hillary Clinton for “destroying the lives” of his staffers, and blasted the FBI for going light on her during her private server investigation. But now, he said, the “tables have turned” and “it’s time to look at the other side,” calling the Russia investigation an “attempted overthrow of the United States government” and “a disgraceful thing.”

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Death penalty. For which UK cannot extradite. US is talking to Daniel Domscheit-Berg, who had a big fall-out with Assange. Letter sent to him is underneath the article.

US Is Investigating Assange Under Espionage Act – WikiLeaks (NP)

Right after the London police carried Julian Assange from the Ecuadorian embassy, the United States demanded his extradition. A March 2018 indictment charges him with conspiracy to commit computer intrusion, carrying a maximum penalty of five years in prison. But that is not the entire truth. Only one day after writing the indictment, the US Attorney’s Office admitted it was also investigating Assange for the „unauthorized receipt and dissemination of secret information“. That is what the Department of Justice wrote in a letter to former WikiLeaks spokesperson Daniel Domscheit-Berg, which we are publishing in full.

This accusation can be charged under the Espionage Act of 1917, a World War I era federal law intended to protect military secrets which has also been used to charge Chelsea Manning and Edward Snowden. Convictions under the Espionage Act can be punished by death. The death penalty is not only inhumane and archaic, it has legal consequences: The United Kingdom is not allowed to extradite Assange if he faces the death penalty. Charging Assange for publishing classified information is an attack on press freedom, „obtaining and disseminating secret information“ is the very task of journalism. If WikiLeaks is charged, every journalist and media outlet publishing secret information will be on trial. While the Obama administration debated this dangerous precedent, the Trump government shows no restraints.

[..] In Virginia, a federal grand jury is secretly investigating Assange and WikiLeaks. In December 2017, an FBI agent filed an affidavit to support charging Assange with a computer hacking conspiracy. Based on that, the grand jury issued an indictment against Assange on March 6, 2018. This document was unsealed and published immediately after his arrest in London. It is the official justification for the extradition request. But that is not the whole story. Just one day after writing the indictment, on March 7, 2018, the same US Attorney, Tracy Doherty-McCormick, wrote a letter to the lawyers of Daniel Domscheit-Berg in Germany.

Sporting the Department of Justice seal, the chief federal prosecutor requests a „voluntary questioning“ of Domscheit-Berg, explicitly „about possible violations of US federal criminal law regarding the unauthorized receipt and dissemination of classified information“ – a drastic accusation under the Espionage Act. The US Attorney goes on to explain some conditions for Domscheit-Berg. He must answer all questions fully and truthfully, the US may use all statements and information for criminal investigations and cross-examination. In return, whatever Domscheit-Berg testifies will not be used for prosecutions against him.

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Bit late perhaps?!

UN Special Rapporteur On Privacy Meets Assange In Prison: “I Will Act” (Maurizi)

He is the first person who has been able to visit Julian Assange at the Belmarsh prison besides Assange’s lawyers. In fact, although two weeks have passed since the arrest of the WikiLeaks’ founder, no other visitors are allowed apart from his lawyers. The UN Special Rapporteur on Privacy, Professor Joe Cannataci, just visited Julian Assange at the Belmarsh prison, a high security prison marked by the strictest prison regime in the UK, and in fact even visitors have to undergo to intensive controls, including police interviews, and of course meetings are monitored. Repubblica just interviewed the UN Rapporteur Cannataci.

Professor Cannataci, how did Assange seem to be doing? «My visit went well, Mr Assange was ready to answer my questions. We have already started gathering facts and asked questions of Assange’s legal team and of the Ecuadorian ambassador in London»

How is Julian Assange? We were all shocked by his appearance the day of his arrest… «I am not a physician, and so I am unable to make a medical assessment of him and of course I met him in prison, which is never a pleasant place to meet, however, it seemed to me he was in fairly good condition».

Were you able to talk to him with some privacy, or were you under surveillance? «No, my impression was that the UK authorities assured us a level of privacy intended for meetings with legal counsel. Usually in the UK prisons you have the following rules: for social meetings, like meetings with relatives, you don’t expect privacy, whereas meetings with legal counsels are usually not subjected to monitoring. These kinds of meetings are held in special places, usually 10-15 small rooms where detainees can meet their lawyers confidentially. I had asked for a confidential meeting and I am happy that the UK government agreed to provide us such a private meeting».

What are you investigating exactly, in relation to this meeting with Julian Assange? «At the end of March Mr Assange submitted an official complaint, which said that his right to privacy had been infringed during his time in the embassy of Ecuador. Together with my team, I made a preliminary assessment to see if his privacy has been infringed, therefore I am gathering the facts, these facts lead to a number of questions about behaviour which took place in the embassy. Today we are still in the preliminary stage. After my meeting with Mr Assange, I had a meeting with his legal team and then a meeting with the ambassador of Ecuador».

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I tell you: Macron simply doesn’t know he’s lost it all. He’s blind: “Did we take a wrong turn?’ I believe quite the opposite.” And that in the face of 25 weekends of protests against him.

Macron Responds To Gilets Jaunes Protests With €5 Billion Tax Cuts (G.)

Emmanuel Macron has vowed to make his style of politics more “humane”, but insisted he would press on with his project to liberalise the French economy and overhaul its welfare state despite five months of demonstrations by gilets jaunes (yellow vest) anti-government protesters. In his first press conference in two years as president, Macron promised €5bn worth of cuts to income tax for lower and average earners as well as pension rises for the poorest and vowed no more schools or hospitals would be closed during his presidency, as he responded to protests.

The centrist politician conceded that he needed to inject more “humanity” into his style of governance but insisted he would not make changes to his pro-business programme, despite the ongoing anti-government Saturday protests by gilets jaunes, which resulted in sporadic rioting and arson in Paris and other cities. Macron said he recognised the protesters’ “just demands” and “anger and impatience for change” and their feeling of not being taken into account by the “elites”, including the presidency, but public order must now be restored. He said although he respected the demonstrators who gathered at the start of the movement in November, he said it had “transformed progressively” and been marred by episodes of antisemitic violence, homophobia and rioting.

He said he stood by his project to liberalise the French economy, defending his controversial cuts to its wealth tax, which protestors sought to overturn. He said France was unique in Europe in not having dealt with its structural problem of mass unemployment so he would not go back on his planned “transformation” of the country. He said: “I asked myself: ‘Should we stop everything that was done over the past two years? Did we take a wrong turn?’ I believe quite the opposite.” [..] He promised to scrap the École nationale d’administration elite graduate training school for French civil servants and public officials. Saying the French style of governance needed to shift, Macron said he planned to make it easier for citizens to propose national referendums, and also would introduce 20% proportional representation into the lower house of parliament.

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Schengen, Dublin, they don’t serve Macron’s career, so out with them.

Macron: Smaller Schengen Zone Because EU Migration Policies ‘Do Not Work’ (RT)

The Schengen agreement and the current migrant-sharing mechanism are deeply flawed and need urgent fixing, French President Emmanuel Macron has said. Europe must “have borders” even if it means a smaller Schengen zone, he said. In the first major press conference since the Yellow Vest movement took off in November, Macron unveiled a range of policy measures to placate the protesters, including a proposed overhaul of the European-wide migration policy and the Schengen agreement. The embattled French leader argued that the agreement that guarantees free movement across the Schengen area, while “wonderful,” does not work anymore. The same, he said, applies to the Dublin Regulation that determines which EU member-state is responsible for accepting asylum seekers.


Under the current version of the agreement, which came into force in 2013 and applies to all EU member-states except Denmark, the main criteria for determining responsibility is the first point of entry. “The common borders, Schengen, Dublin agreements do not work anymore,” Macron said, adding that it is essential for Europe to make “profound” changes in its way of handling migrant arrivals. Macron called for reinforced border security, which might entail having a Schengen “with fewer states.” The Schengen area comprises 26 states, including 22 EU member-states and four non-EU countries: Norway, Iceland, Switzerland and Liechtenstein. It is named after the 1985 agreement that abolished internal borders allowing people within the zone to travel freely from one country to another.

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Trojan horse.

Irish Backstop Could Undermine EU Standards – Report (G.)

It is a dastardly trap, designed to lock freedom-loving Britain into the European Union’s protectionist customs union: that is the argument against the so-called backstop, cited by hardline Brexit advocates as the main reason why they have thrice voted down Theresa May’s deal with the European Union. But as the dust settles after months of chaos in Westminster, suspicions are growing on the other side of the Channel that the backstop could in fact be the very opposite: a brilliant deception device constructed by crack UK negotiators, which would allow a more reckless British prime minister to undermine the EU’s green and social standards while still keeping access to the European single market.

A new report, commissioned by the German Green party and seen by the Guardian, will exacerbate concerns in Berlin over the small print of the withdrawal agreement in its current form. The deal, agreed between the EU and the UK in November 2018 but voted down three times in the House of Commons, states that the whole of the UK would remain in a de facto customs union with the EU until a trade and security agreement has been reached that prevents the setting up of a hard border between the Republic of Ireland and Northern Ireland. nTo prevent Britain from diverting from EU standards on environmental or social protection after the backstop has come into effect, the customs territory would “include the corresponding level playing field commitments and appropriate enforcement mechanisms to ensure fair competition between the EU27 and the UK”.

The new German report, however, warns that the wording of the deal means the EU side will find it impossible to stop a more aggressive Britain led by a Boris Johnson or a Jacob Rees-Mogg from flouting such standards while still being able to export British products into the single market. “If the EU wants to have a level playing field, it must not just set up the goals but also assign a referee,” said the author of the report, EU law expert Dr René Repasi. “At the moment it has even given the UK licence to assign its own players with officiating the match.”

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On 5G, individual countries make the decisions.

Juncker Refuses To Reject Huawei ‘Just Because It’s Chinese’ (RT)

European Commission President Jean-Claude Juncker says he won’t bar Chinese firms like Huawei from doing business with Europe, as long as they respect market rules, despite continued US pressure to ban the company. “We are not rejecting someone because he is coming from faraway, because he is Chinese, the rules have to be respected,” Juncker said at a press conference with Japanese PM Shinzo Abe on Thursday. Asked about his response to the US call to “eliminate” Chinese telecoms equipment from Europe’s 5G buildout, Juncker was defiant. “The European Union and our internal market are open markets and all those respecting our rules governing this internal market are welcome,” he said.


Last month, Europe’s Parliament passed a resolution “expressing their deep concern” about alleged Chinese cybersecurity threats, but a subsequent statement from the European Commission regarding 5G cybersecurity did not include such language, instead merely urging member states to develop a “toolbox of mitigating measures” to combat cybersecurity risks to their growing 5G infrastructure. The US has leaned heavily on allies to keep Huawei and other Chinese telecoms out of their countries, claiming the company could act as a spy for the Chinese government. Washington has even threatened to withhold intelligence from Germany over their refusal to ban the Chinese firm, pressure China’s foreign minister has called “abnormal” and “immoral.”

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May invites Huawei. Will she stand up to Trump in other areas too?

Huawei Leak Highlights Collapse Of Discipline In May’s Cabinet (G.)

Leaks from deep within Theresa May’s bitterly divided administration have become widespread and common: as one despairing official remarked recently, “this government is a sieve”. But the revelation of the highly sensitive news that ministers have decided to set aside cybersecurity concerns and involve the Chinese firm Huawei in the creation of Britain’s 5G network is regarded by many as a leak too far. The decision was taken at the national security council, on which ministers sit alongside officials and members of the security services. The secrecy of its discussions has never before been breached. A full-scale inquiry is now expected to be launched, but a slew of other briefings and counter-briefings from private meetings in recent weeks and months has not just gone unpunished but become almost unremarkable.


There are several, allied reasons for this pervasive culture of briefing and counter-briefing, which means multiple competing accounts of cabinet meetings are available shortly after ministers walk out of Downing Street. One is simply the ready availability of instant electronic communication – a string of WhatsApp messages is a lot quicker and more straightforward than the old-fashioned gossip over lunch or in a Westminster bar (though that still happens too, of course). Another is the historic significance of the issues at stake and the lack of trust on both sides of the Brexit debate, which means all the key players want to ensure their point is heard even if they lost the argument in the room.

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The Fed will make up the difference. Can’t have stocks going down.

European Equities May Benefit As $1 Trillion In US Buybacks Vanish (ZH)

European equities may start to finally see some love, as they are now positioned to take advantage of one significant coming tailwind from the U.S., according to Bloomberg. Over the next 12 months, US stocks are going to lose a significant amount of support that they have received from buybacks, as the nearly $1 trillion buyback bonanza that has fueled stock purchases in the United States starts to come to an end, according to Sanford C. Bernstein strategists. This could be an area where European stocks, due to their low dependence on buybacks, could see help as a result. Bernstein strategists led by Inigo Fraser-Jenkins said: “This would remove one advantage of U.S. equities over Europe. As the buyback support is reduced it will make a stronger relative case for Europe.”


And the decision of the U.S. central bank to hold off on rate increases may have temporarily reduced concerns about debt hurting equities, but the topic is still on the table and credit spreads are expected to keep widening over the next year. Furthermore, the significance of share repurchases to the US rally has been pronounced, with $1 trillion in buybacks in just 2018 alone, far overshadowing the $100 billion in net inflows from active and passive funds. And even though European equities have rallied to the tune of more than $1.5 trillion since December’s lows, shorting these stocks remains a popular trade globally, according to Bank of America Corp.’s latest fund manager survey. And many traders are still on the sidelines, as Europe’s ugly politics and mixed economic data continues to weigh on sentiment.

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To find this out, we must travel back in time.

Universe Expands Faster Than Expected – NASA

The universe is expanding considerably faster than it should be, Nasa has confirmed. The space agency’s Hubble Space Telescope shows that it is growing about 9 per cent faster than had been expected, based on the trajectory it started with shortly after the Big Bang, according to astronomers. While such a discrepancy had already been suggested, the new measurements reduce the chance this is a mistake to just one in 100,000. Such a confirmation could require astronomers to find new physics theories to explain the universe‘s strange behaviour. “This mismatch has been growing and has now reached a point that is really impossible to dismiss as a fluke.

This is not what we expected,” says Adam Riess, Bloomberg Distinguished Professor of physics and astronomy at Johns Hopkins University, Nobel laureate and the project’s leader. The speed of the universe’s expansion, known as the Hubble constant, is a central part of physics and our understanding of the universe. But it has repeatedly been observed to behave unexpectedly – the more astronomers find out about it, the more wrong it appears – in ways that have forced scientists to wonder whether our assumptions about it had been wrong. The new study confirms that speculation, and requires further work to explain how exactly the universe is growing.

The research saw Professor Riess and his team analyse light from 70 stars in a galaxy near ours, known as the Large Magellanic Cloud, using a new method that allowed them to capture the stars quickly. The stars they observed are called Cepheid variables, and change brightness predictably, allowing them to be used to measure intergalactic distances. The new method allowed the researchers to measure many more of those stars far more quickly. Normally, Hubble can only look at one star each time it takes one of its 90-minute orbits around Earth, but the new method allowed it to see dozens in that same time.

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Apr 242019
 


Giovanni Bellini Pietà 1474

 

Bipolar Markets in the “New Mediocre” (Roubini)
Fed Key Interest Rate Keeps Climbing, That Could Become A Problem (CNBC)
Cut the Price and They Will Come: US New Home Prices At Dec. 2014 Level (WS)
Chinese Banks Are Running Out Of Dollars (ZH)
Hillary Outlines “Roadmap” To Trump Impeachment (ZH)
The Conspiracy Against Trump (Giraldi)
Theresa May Accuses Labour Of Dragging Its Heels In Brexit Talks (Ind.)
Labour Says Theresa May Unwilling To Offer Key Brexit Concessions (G.)
UK MPs Campaign To Have Donald Trump’s State Visit Cancelled (G.)
The Revelations of WikiLeaks: No. 1 (CN)

 

 

Who will be the first in the world of finance to understand what’s going on AND be honest about it? It won’t be Roubini. Nothing has anything to do with recession or trade risks anymore. It’s the Fed and the Fed only. And there are no investors as long as the Fed monopolizes what were once markets. These so-called investors are in reality a bunch of rich socialists waiting for a central bank to hand them money. They’ll also be the first to warn about the dangers of socialism.

Bipolar Markets in the “New Mediocre” (Roubini)

Financial markets tend to undergo manic-depressive cycles, and this has been especially true in recent years. During risk-ons, investors – driven by “animal spirits” – produce bull markets, frothiness, and sometimes outright bubbles; eventually, however, they overreact to some negative shock by becoming too pessimistic, shedding risk, and forcing a correction or bear market. Whereas prices of US and global equities rose sharply throughout 2017, markets began to wobble in 2018, and became fully depressed in the last quarter of the year. This risk-off reflected concerns about a global recession, Sino-American trade tensions, and the Federal Reserve’s signals that it would continue to raise interest rates and pursue quantitative tightening.

But since this past January, markets have rallied, so much so that some senior asset managers now foresee a market “melt-up” (the opposite of a meltdown), with equities continuing to rise sharply above their current elevated levels. One could argue that this latest risk-on cycle will continue for the rest of the year. For starters, growth is stabilizing in China, owing to another round of macroeconomic stimulus there, easing fears of a hard landing. And the United States and China may soon reach a deal to prevent the ongoing trade war from escalating further.

At the same time, US and global growth are expected to strengthen somewhat in the second half of the year, and the disruption of a “hard Brexit” has been averted, with the European Union extending the deadline for the United Kingdom’s departure to October 31, 2019. As for the eurozone’s prospects, much will depend on Germany, where growth could rebound as global headwinds fade. Moreover, central banks, particularly the Fed, have become super-dovish again, and this appears to have reversed the tightening of financial conditions that produced the risk-off in late 2018.

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They are well on their way towards blowing up the entire US economy. Just like their counterparts in Japan, Europe, China. Will Russia be the last one standing?

Fed Key Interest Rate Keeps Climbing, That Could Become A Problem (CNBC)

The Federal Reserve’s benchmark interest rate has inched up to its highest level in 11 years even though the central bank has sent a clear message that it is done tightening policy indefinitely. In recent days, the effective fed funds rate, which targets the overnight level that banks charge each other for loans, has moved up to 2.44%. That’s the highest since March 2008 and is just 6 basis points from the top of the target range and the closest to the top since December, when the Fed last raised rates. For now, the move is looked on as not being especially problematic given that there is still room between the current level and the top of the 2.25% to 2.5% range in which the rate is supposed to trade.


But moves toward the upper end of the band have prompted action before, and the trend likely will be a topic of discussion at next week’s Federal Open Market Committee meeting. When the Fed first began raising rates in December 2015, it succeeded in keeping the funds rate around the midpoint of the target range. But that has changed over the past year. “At 6 basis points from the top of the range, you’re still within the target. The question becomes whether they think technical pressure is driving this,” said Lou Crandall, chief economist at Wrightson ICAP and formerly of the New York Fed. “The only concern is whether you’ll have to make a technical adjustment in the future from preventing it from going higher.”

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Fed to the rescue! Actually, as long as banks write new loans, the Fed can and will hold back.

Cut the Price and They Will Come: US New Home Prices At Dec. 2014 Level (WS)

Home builders, the ultimate pros in the housing market, have figured out something after the malaise in the second half last year: Cut prices and buyers will come. The median selling price of new houses dropped 9.7% in March from March last year to $302,700, the Commerce Department reported this morning. This took the price back to about where it had first been in December 2014 ($301,500):

Homebuilders are motivated to move their speculative inventory. They’re making deals at lower prices, and they’re building homes at lower price points. And buyers responded. House sales at the lower end gained market share while houses at the higher end lost market share. Houses that were sold below $200,000 made up 16% of the mix in March, up from 11% in March 2018. Houses that were sold at prices of $400,000 or higher in March made up 29% of the mix, down from 32% in March 2018. This shift in the market, and the price cuts by homebuilders, has pushed the median new house price down 11.8% from the peak in December 2017. The year-over-year price drops starting in November last year were the sharpest such drops since Housing Bust 1:

The new-house sales data, produced jointly by the Census Bureau and the Department of Housing and Urban Development, is volatile. It is revised in the following months, often quite drastically. But after a while, the trends become clear. For the long-term view: The median price of new houses ballooned by about 55% from the range in 2011 and 2012 to the peak in December 2017 ($343,300). This peak had exceeded by 31% the crazy peak of Housing Bubble 1 in March 2007. When it comes to price, the sky is not the limit:

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Give ’em a swap line.

Chinese Banks Are Running Out Of Dollars (ZH)

Following the biggest quarterly credit injection in Chinese history, it is safe to say that China’s banks are flush with yuan loans. However, when it comes to dollar-denominated assets, it’s a different story entirely. As the WSJ points out, in the past few years, a funding problem has emerged for China’s biggest commercial banks, one which is largely outside of Beijing’s control: they’re running low on US dollars so critical to fund operations both domestically and abroad. As shown in the chart below, the combined dollar liabilities at China’s four biggest commercial banks exceeded their dollar assets at the end of 2018, a sharp reversal from just a few years ago.

Back in 2013, the four together had around $125 billion more dollar assets than liabilities, but now they owe more dollars to creditors and customers than are owed to them. The reversal is the result of just one bank: Bank of China, which for many years held more net assets in dollars than any other Chinese lender, ended 2018 owing $72 billion more in dollar liabilities than it booked in dollar assets. The other “top 3” lenders finished the year with more dollar assets than liabilities, even though their net dollar surplus has shrunk substantially in the past five years.

And yet, as everything else with China, there is more than meets the eye: as the WSJ reports looking at Bank of China’s annual report, the bank’s asset-liability imbalance is more than addressed by dollar funding that doesn’t sit on its balance sheet. Instruments like currency swaps and forwards are accounted for elsewhere. This is reminiscent of the shady operations discussed recently involving Turkey’s FX reserves, where the central bank has been borrowing dollar assets from local banks via off balance sheet swaps, which it then used to prop up and boost the lira at a time of aggressive selling of the local currency. It is safe to assume that the PBOC has been engaging in a similar operation.

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Hmmm. Hillary says: “You don’t put impeachment on the table as the only item on the table and say you’re going to get there no matter what.

But as I said yesterday, that is precisely what Nadler appears to do: “I do think, if proven – which hasn’t been proven yet – if proven, some of this would be impeachable, yes,” Nadler said..”

At best awfully close.

Hillary Outlines “Roadmap” To Trump Impeachment (ZH)

Just hours after Nancy Pelosi attempted to mend the gaping division between the realists and the extremists in her party, failed presidential candidate Hillary Clinton decided to pile into the impeachment debate with her own take on the Mueller Report. “Well, I think what Nancy means, and I agree with what she means, is that it shouldn’t be a preordained conclusion, it shouldn’t be what you do for partisan, political purposes almost outside the framework of the Constitution,” she said during an appearance at the Time 100 Summit in New York. “You don’t put impeachment on the table as the only item on the table and say you’re going to get there no matter what, which is what happened in ’99. Instead, you say we are going to proceed with the seriousness that this demands.”

Dripping with irony, Clinton – whose husband was impeached by the House of Representatives in 1998 for perjury and obstruction of justice (only to be acquitted the following year by the Senate), and allegedly used her position to gain personal wealth through pay-to-play peddling of her and her husband’s influence – discuss the roadmap to President Trump’s impeachment and said he should have been indicted. “I have a kind of weird personal history about impeachment,” Clinton said to laughter from the audience. But, “not what you’re thinking,” she added, referring to her time as a staff attorney serving on the impeachment inquiry for former President Richard Nixon two decades earlier in 1974.

“I was one of the young lawyers who actually drafted the memo about what is a high crime and misdemeanor, and it was truly meant by our founders to describe actions that undermine the integrity of our government that placed the personal or political interest in a president over the interest of the nation,” she said.

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It makes no difference where you stand on the issue(s), this is what you will have to deal with going forward. First off, the Horowitz report next month: “he intends to make criminal referrals as a result of his investigation.”

The Conspiracy Against Trump (Giraldi)

Whether the Mueller report is definitive very much depends on the people they chose to interview and the questions they chose to ask, which is something that will no doubt be discussed for the next year if not longer. Beyond declaring that the Trump team did not collude with Russia, it cast little light on the possible Deep State role in attempting to vilify Trump and his associates. The investigation of that aspect of the 2016 campaign and the possible prosecutions of former senior government officials that might be a consequence of the investigation will likely be entertaining conspiracy theorists well into 2020. Since Russiagate has already been used and discarded the new inquiry might well be dubbed Trumpgate.

The media has scarcely reported how Michael Horowitz, the Inspector General of the Department of Justice (DOJ), has been looking into the activities of the principal promoters of the Russiagate fraud. Horowitz, whose report is expected in about a month, has already revealed that he intends to make criminal referrals as a result of his investigation. While the report will only cover malfeasance in the Department of Justice, which includes the FBI, the names of intelligence officers involved will no doubt also surface. It is expected that there will be charges leading to many prosecutions and one can hope for jail time for those individuals who corruptly betrayed their oath to the United States Constitution to pursue a political vendetta.

A review of what is already known about the plot against Trump is revealing and no doubt much more will be learned if and when investigators go through emails and phone records. The first phase of the illegal investigation of the Trump associates involved initiating wiretaps without any probable cause. This eventually involved six government intelligence and law enforcement agencies that formed a de facto task force headed by the CIA’s Director John Brennan. Also reportedly involved were the FBI’s James Comey, Director of National Intelligence James Clapper, Attorney General Loretta Lynch, Department of Homeland Security Director Jeh Johnson, and Admiral Michael Rogers who headed the National Security Agency.

Brennan was the key to the operation because the Foreign Intelligence Surveillance Act (FISA) court refused to approve several requests by the FBI to initiate taps on Trump associates and Trump Tower as there was no probable cause to do so but the British and other European intelligence services were legally able to intercept communications linked to American sources. Brennan was able to use his connections with those foreign intelligence agencies, primarily the British GCHQ, to make it look like the concerns about Trump were coming from friendly and allied countries and therefore had to be responded to as part of routine intelligence sharing. As a result, Paul Manafort, Carter Page, Donald Trump Jr., Jared Kushner and Gen. Michael Flynn were all wiretapped. And likely there were others. This all happened during the primaries and after Trump became the GOP nominee.

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I don’t see any common ground here that could lead to a solution. The country’s split right down the middle.

Theresa May Accuses Labour Of Dragging Its Heels In Brexit Talks (Ind.)

Theresa May has accused Labour of dragging its heels in the bid to find a cross-party compromise to deliver Brexit, even before the talks resumed after Easter. “The discussions with Labour have been serious but had also been difficult in some areas, such as in relation to the timetable for the negotiations,” the prime minister told her cabinet. No 10 fears Jeremy Corbyn does not share Ms May’s desire to avoid next month’s European parliament elections – which would require an agreement within days. The criticism is striking because it is the first time the government has turned on Labour since approaching the opposition three weeks ago.


Until now, it has been Mr Corbyn’s party that has blamed the prime minister for the lack of progress, accusing her of refusing to shift on her red lines – in particular, membership of a customs union. The cabinet discussion took place even before the talks resumed on Tuesday afternoon – but after a failure to hold any meaningful negotiations last week. Ms May’s spokesman told journalists: “The PM said the discussions with Labour had been serious, but had also been difficult in some areas, such as in relation to the timetable for the negotiations. “The PM said that the government’s position was that progress needed to be made urgently as it was vital to deliver on the result of the referendum and for the UK to leave the European Union as soon as possible.”

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They knew that before agreeing to the talks.

Labour Says Theresa May Unwilling To Offer Key Brexit Concessions (G.)

Labour has accused Theresa May of failing to offer any substantive changes to her Brexit deal in cross-party talks, as Downing Street’s hopes of a breakthrough in time to avoid taking part in European parliamentary elections waned. Brexit talks resumed on Tuesday between a team of ministers and shadow ministers. But Labour sources said the government team again appeared unwilling to countenance changes to the political declaration, which sets out the UK’s future relationship with the EU. Instead, ministers offered alternative ways of giving reassurance about the issues Labour has raised, such as on environmental standards and workers’ rights, including through redrafting the withdrawal act implementation bill (WAB) and tweaking separate planned government bills.


Downing Street continues to insist that it hopes to secure parliamentary ratification of a Brexit deal in time to avoid the UK having to participate in next month’s European parliament elections. The government has been considering tabling the WAB as a way of breaking the Brexit deadlock, but Labour has rejected the idea. “There’s a sequence; you have got to start with a different deal,” said a source. After the talks, Jeremy Corbyn blamed the government’s refusal to compromise on central issues such as membership of a customs union for the failure to make significant progress. “We’ll continue putting our case but quite honestly there’s got to be change in the government’s approach. They cannot keep on just regurgitating what has already been emphatically rejected three times by parliament, there’s got to be a change,” Corbyn said.

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They should get Theresa May and Boris Johnson cancelled. Hypocrites.

UK MPs Campaign To Have Donald Trump’s State Visit Cancelled (G.)

Theresa May has been criticised for allowing Donald Trump to make a state visit in June for D-day commemorations, with MPs orchestrating a campaign to stop the US president addressing parliament. Labour said it “beggars belief” that the government is offering the red-carpet treatment to Trump given his attacks on British and American values. Backbenchers began gathering signatures for a petition aiming to force the cancellation of the trip. The three-day trip starting on 3 June was confirmed by Buckingham Palace and the White House on Tuesday. The initial invitation was extended soon after Trump took office but a planned state visit in 2018, with all its pomp and ceremony, was downgraded to an official visit amid security concerns.


This time, Trump is likely to dine with the Queen, attend discussions with May in Downing Street and join an event in Portsmouth to mark the D-day landings. No 10 said the D-day event would be “one of the greatest British military spectacles in recent history” and would include a flypast of 26 types of RAF aircraft and at least 11 Royal Navy ships in the Solent. May said the visit would emphasise that the UK and US “have a deep and enduring partnership that is rooted in our common history and shared interests”. “We do more together than any two nations in the world and we are both safer and more prosperous because of our cooperation,” May said. “The state visit is an opportunity to strengthen our already close relationship in areas such as trade, investment, security and defence, and to discuss how we can build on these ties in the years ahead.”

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Promises to be a good series. But who will pay attention?

The Revelations of WikiLeaks: No. 1 (CN)

WikiLeaks was founded in 2006, but it was the April 5, 2010, publication of “Collateral Murder” that made the whistleblower-publisher a world-wide phenomenon, attracting admirers and enemies. WikiLeaks wrote of the film: “The video, shot from an Apache helicopter gun-sight, clearly shows the unprovoked slaying of a wounded Reuters employee and his rescuers. Two young children involved in the rescue were also seriously wounded.” WikiLeaks noted that Reuters had unsuccessfully attempted to gain access to the video through the Freedom of Information Act in the years after the strike. The day after the release of the footage, The New York Times described WikiLeaks as a once-fringe website that had moved into the big time.

“The site has become a thorn in the side of authorities in the United States and abroad,” it said. “With the Iraq attack video, the clearinghouse for sensitive documents is edging closer toward a form of investigative journalism and to advocacy.” Before 2010 WikiLeaks received a few high-profile journalism awards. But in the years since the publication of the video, it has received a slew of honors, including The Sam Adams Award for Integrity. On April 16, WikiLeaks announced a fresh award for its founder, Julian Assange, even as he remains isolated in a London prison. “Collateral Murder” was one of the most prominent releases sourced from then-Army intelligence analyst Chelsea Manning, who served seven years in a military prison as a result.

Manning, who had access to the video, having a Top Secret clearance, first offered the video to The New York Times and The Washington Post, which both turned her down. Manning then turned to WikiLeaks. Manning described the events that led up to her decision to submit the footage to the press in leaked audio of her testimony during her 2013 court-martial. She said Reuters’ inability to get the footage via a freedom-of-information request contributed to her decision to leak it. “The most alarming aspect of the video for me, was the seemingly delight of bloodlust they [the pilots] appeared to have. They dehumanized the individuals they were engaging with, and seemed to not value human life in referring to them as ‘dead bastards,’ and congratulating each other on the ability to kill in large numbers.”

Marjorie Cohn, a legal analyst, is one of those who has described the contents of the footage as evidence of U.S. war crimes. As such she argues that Manning was legally obligated to expose such information. In a 2013 column for Truthout, she cites the Geneva Conventions, the Army Field Manual and the Uniform Code of Military Justice as all setting forth the duty of a service member to disobey unlawful orders. None of the pilots, military officials nor policy-makers have ever been charged or otherwise held responsible for the events shown in the video.

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