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Sunday, August 23, 2015

August 23, 2015

Fresh Earthquake of Magnitude 5.1 Hits Nepal; Tremors Felt in Delhi, Bihar, West Bengal and Sikkim
Tremors were felt in several parts of India after an earthquake hit Nepal on Sunday. The fresh quake struck 89 km east of Kathmandu. According to The National Seismological Centre in Kathmandu, the quake, measuring 5.1 on the Richter scale with the epicentre at Dolakha was recorded at 2.47 pm (local time).  
Denying the Israel-basher — kudos to Oprah and other principled stars
For years, the Boycott, Divestment and Sanctions movement has worked to make Israel an international pariah. Happily, it’s started seeing some serious pushback.  
ISIS’s Dead-Serious Obsession With The Apocalypse
ISIS has an intense interest in the apocalypse. Its propaganda references it constantly, and the group has even conquered a town that only really made sense to target in light of prophecy. The idea that ISIS’s actions are literally helping bring on the end times is central to the group’s unique, and disturbing, ideology.  
Upcoming Jewish Holidays Begins Period of Cataclysmic Events for Israel
The Jewish New Year, Rosh Hashana, will begin on the evening of September 13 and end after sunset on September 15. According to Jewish tradition, Rosh Hashana is the day that God begins the process of judging the entire world. As the second and final day of the holiday of Rosh Hashana ends on September 15, the 70th United Nations General Assembly will commence. The issue of the creation of a Palestinian state is expected to be decided by world representatives during the General Assembly.  
Catholic monastery in Syria 'destroyed by Isil bulldozers'
Islamic State of Iraq and the Levant (Isil) militants have destroyed a historic monastery seized in their latest advance across central Syria. Photographs appeared online of fighters from Isil with bulldozers at the Mar Elian monastery in Al-Qaryatain, in Homs province.  
Stock markets in the Middle East fall sharply
Stock markets in the Middle East have fallen sharply after a difficult week for all major global share indexes. The Dubai Financial Market fell almost 7%, while the Saudi exchange was down 4% after Fitch ratings agency cut its outlook for the country. Last week, the Dow Jones in the US fell 6%, while the UK's FTSE 100 posted its biggest weekly loss this year of 5%.  
India-Pakistan talks cancelled amid recriminations
Planned high-level talks between India and Pakistan have been cancelled hours before they were due to start on Sunday, amid mutual recriminations. Pakistan said that it could not accept India's "preconditions" for the talks, while India denied that it was to blame. Delhi said that it was only willing to discuss "terrorism-related issues" at the talks and nothing else. 
Britain to reopen embassy in Iran after 4 years
Foreign Secretary Philip Hammond said he would reopen the UK's embassy in Iran on Sunday, four years on since it was trashed by a mob, as Tehran's ties warm with the West.  
Abbas quits PLO leadership ahead of internal election: official
Palestinian president Mahmud Abbas resigned Saturday as head of the Palestine Liberation Organisation's Executive Committee in a bid to force new elections for the top body, an official said. Wassel Abu Yussef said that more than half of the 18-member committee had also stepped down.  
One of Pacific's twin typhoons kills 10 in Philippines
One of the twin typhoons in the Pacific has claimed its first casualties, killing 10 people in the Philippines and forcing the evacuation of almost 13,000 people, authorities said Saturday.  
Police fear Bangkok bombing suspect may have fled
Despite new surveillance video that may offer a possible clue to the bombing in central Bangkok that killed 20 people, Thai police said Sunday the perpetrators may have already fled the country.  
Why It Really All Comes Down To The Death Of The Petrodollar
In short, the world seems to have underestimated how structurally important collapsing crude prices are to global finance. For years, producers funnelled their dollar proceeds into USD assets providing a perpetual source of liquidity, boosting the financial strength of the reserve currency, leading to even higher asset prices and even more USD-denominated purchases, and so forth, in a virtuous (especially if one held US-denominated assets and printed US currency) loop. That all came to an abrupt, if quiet end last year when a confluence of economic (e.g. shale production) and geopolitical (e.g. squeeze the Russians) factors led the Saudis to, as we put it, Plaxico'd themselves and the US.  
Egypt's Muslim Brotherhood chief gets new life term
Egypt's Muslim Brotherhood leader Mohamed Badie, who has been sentenced to death, was handed another life term in prison Saturday for an attack on a police station.  
Greek opposition leaders weigh coalition despite crises, poll pressure
Greek opposition politicians embarked on Saturday on the laborious and apparently futile exercise of trying to form a new government, oblivious to pressure for rapid elections so the nation can start tackling an array of crises.  
Israel wanted to attack Iran's nuclear facilities in 2010, 2011 and 2012, but backed away
Israel's political leaders pushed to attack Iran at least three times in the past few years but had to back down on the advice of the military and due to concerns about its ally the United States, former defense minister Ehud Barak said.  
Light earthquake 4.9 mag, 69 km ESE of Le Vauclin, Martinique
A tsunami warning has not been issued (Does not indicate if a tsunami actually did or will exist). The 4.9-magnitude earthquake has occurred at 09:03:10 / 9:03 am (local time epicenter). The earthquake occurred at a depth of 74.84 km (47 miles) below the earth’s surface.  
Light earthquake 4.9 mag, 69 km ESE of Le Vauclin, Martinique
A tsunami warning has not been issued (Does not indicate if a tsunami actually did or will exist). The 4.9-magnitude earthquake has occurred at 09:03:10 / 9:03 am (local time epicenter). The earthquake occurred at a depth of 74.84 km (47 miles) below the earth’s surface.