The Central Bank of Cyprus has extended restrictions on banking operations for a further five days according to an executive order issued on Friday evening. On March 29th the central bank of the island state temporarily removed all restrictions on internal financial operations involving debit cards and credit cards. The Bank of Cyprus has not [...]
Cyprus Reinstates Restrictions On Transactions
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U.S. Veteran Worked In Syria For CIA, Not Al-Qaeda, Says His Dad
As US Army veteran Eric Harroun awaits trial in Virginia for allegedly fighting alongside al-Qaeda supporters, the man’s father claims he was working for the CIA and was reporting back to the agency from Syria. Harroun, a 30-year-old American from Phoenix, Arizona, has been charged by the US government for conspiring to use a weapon [...]
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North Korea Declares Martial Law, Announces State Of War Against South Korea
North Korea has declared martial law in the country and entered into a state of war against South Korea. This was reported by the Korean Central News Agency (KCNA) citing an official government decree. “From this time on, the North-South relations will be entering the state of war and all issues raised between the North [...]
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Syria: Dera’a Is Falling – Analysis
By Matthew Barber for Syria Comment According to an article published yesterday by al-Quds (نائب سوري: مقاتلو المعارضة يسيطرون على اجزاء واسعة من درعا), Syrian MP Waleed Zoubi has asserted during a session of parliament that large areas within the muhafiza (governorate) of Dera’a have fallen under the control of rebels, and that the presence [...]
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The Decoupling Of US And European Economies: Evidence From Nowcasting – Analysis
The Eurozone and US business cycles seems to have decoupled, but is Germany on the US or Eurozone side of the divide? This column presents recent results from the Now-Casting model on whether this US-Eurozone decoupling also applies to Germany. If this is right, the German stock market – which seems to predict Germany’s convergence [...]
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China And The World: The View From Salzburg, Then And Now – Analysis
By Jacques deLisle When the National People’s Congress met this month and named Xi Jinping China’s President (and thereby completed conferral of the triple crown worn by top Chinese leaders: state President, Communist Party General Secretary and Central Military Commission Chairman), Xi and his near-colleagues formally fully took the helm of a nation with capacities, [...]
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Ban Wahhabism In Sri Lanka: Save Muslims And Save Sri Lanka – OpEd
There comes a time when tough actions need to be taken in the interest of the country. Inaction leads to dire consequences – 30 years of LTTE terror is what happened. The similarities between what we went through and what is enfolding now gives sufficient reason for prompt action. Power and money were the curses [...]
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Residents Of Indonesian City Solo Transform Violent Reputation – OpEd
By Fajar Sodiq Known for violence against religious targets like the 2011 church bombing and acts of violence in the late 1990s against ethnic Chinese residents, Solo, an Indonesian city in central Java, is back in the limelight. But this time it is thanks to its beloved former mayor, Joko Widodo. Now the governor of [...]
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President Obama Offers Easter And Passover Greetings
By President Barack Obama Hi, everybody. For millions of Americans, this is a special and sacred time of year. This week, Jewish families gathered around the Seder table, commemorating the Exodus from Egypt and the triumph of faith over oppression. And this weekend, Michelle, Malia, Sasha and I will join Christians around the world to [...]
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Obama Seeks $21 Billion In New Public Works Projects
By Kent Klein President Barack Obama called Friday for $21 billion in public and private investment in roads, bridges and other public projects. The president is aiming to reassure Americans that he remains focused on the economic recovery. President Obama said rebuilding infrastructure, with the help of private investment, is one of the best ways [...]
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World Powers Urge North Korea To Refrain From Escalating Tensions
Pyongyang’s recent announcement declaring a “state of war” with Seoul has stirred up international condemnation with major world powers urging North Korea to refrain from escalating tensions in the region. Both the US and South Korea, the two countries, which have been the targets of the threats, have expressed skepticism about the sabre rattling. “We [...]
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Qatar’s Great Power Games – Analysis
By Peter Lvov The recent Arab League summit, which illegally decided to provide military aid to the Syrian opposition under pressure from Doha, has once again demonstrated that there is a new power balance in the Arab world where the traditionally powerful countries like Egypt, Algeria and Iraq have again proved helpless against the wealthy [...]
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Geo-Politics And Foreign Policy Application: The Case Of US Policy Towards IP Gas Pipeline – OpEd
By Salman Rafi Sheikh One of the aspects of change in the mode of warfare, which has come to prominence after World War II, is the non-military aggressive tool of ‘economic strangulation’ through which the powerful states try to politically subjugate their target countries. Unfortunately the development and application of this tool has been facilitated [...]
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Korean Peninsula: Unannounced War – OpEd
By Natalya Kovalenko North Korea’s announcement of war against South Korea has turned out a consequence of western information agencies’ wrong translation. The original text of Pyongyang’s declaration reads that in case of the enemy’s provocations the republic would act according to the martial law. Seoul’s placid response testifies that no war has been announced. [...]
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Where Is Iran Going? – OpEd
What are the long-term ambitions of the Iranian regime? The answer to that conundrum, if indeed it has been fully formulated, is a secret restricted to Ayatollah Khamenei (the “Supreme Leader”), and the tight group of oligarchs of which he is head. As long as they are able to retain complete dominance over the instruments [...]
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Uyghur Jailings Highlight Chinese Media Controls
China’s jailing of 20 ethnic Uyghurs this week on terrorism and separatism charges using online activism as a basis for their conviction reflects government moves to increase media controls and use weak laws to suppress voices in the troubled Xinjiang region, Uyghur rights groups say. The courts said the 20 Uyghur Muslims had had their [...]
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NATO Air Strike Kills Two Afghan Children, Nine Taliban Fighters
(RFE/RL) — Officials say that a NATO helicopter strike has killed two Afghan children and nine suspected Taliban fighters in Afghanistan’s southeastern Ghazni Province. Mohammad Ali Ahmadi, the deputy governor of Ghazni, said that the casualties happened in a joint Afghan and coalition operation early on March 30. NATO spokesman Major Adam Wojack said that [...]
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TransPacific Partnership Will Undermine Democracy, Empower Transnational Corporations – OpEd
Our country’s democratic values could be under threat if President Obama fast tracks the Trans-Pacific Partnership. By Margaret Flowers and Kevin Zeese On critical issues, the massive Trans-Pacific Partnership (TPP) being negotiated in secret by the Obama administration will undermine democracy in the United States and around the world and further empower transnational corporations. It [...]
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Myanmar President Directs Security Forces To Use Force To Quell Communal Violence – Analysis
The violent incidents in Central Myanmar, which initially targeted Muslims, their places of worship and properties at Meikhtila on March 20,2013, have since spread to other areas north of Rangoon and there have been reports of Muslims as well as Buddhists now being targeted often by the same mobs which move on motor-bykes. In the [...]
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Pakistan: To Slither Or Slip? – Analysis
By Kanchi Gupta So we all know what the euphoria is about. For the first time in Pakistan’s 65 years of independence, a democratically elected government has completed its full five-year term. On March 16, the Pakistan People’s Party (PPP)-led coalition government stepped down, when the National Assembly, the lower house of parliament, was dissolved. [...]
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