Dossier de Prensa

Global Systemic Crisis

  • Jacob Zuma resigns as South Africa’s president, ending standoff with ruling party - South Africa’s embattled president, Jacob Zuma, resigned on Wednesday, putting an end to a period of scandal and mismanagement that threatened to undermine the party of Nelson Mandela. Zuma’s resignation leaves his deputy, Cyril Ramaphosa, as the country’s acting leader, and the person now charged with salvaging the legacy of Africa’s most famous liberation movement. Zuma, who was once revered as a hero of that movement, served time as a political prisoner alongside Mandela in his youth. But Zuma’s nine years in office, marred by a string of corruption allegations, drove even party ­loyalists away from the once-invincible African National Congress (ANC)… Read more : The Washington Post, 14.02.2018
  • New fronts emerge in Syria as Assad, allies push for victory - As Syrian President Bashar Assad and his allies push toward final victory and the fight against the Islamic State group draws to an end, new fronts have opened up, threatening an even broader confrontation among regional and world powers. While large areas of the country have stabilized, giving the impression of a war that is winding down, violence has exploded in other areas with renewed ferocity, killing and injuring hundreds of people in a new and unpredictable spiral of bloodshed. The United States, Israel and Turkey all have deepened their involvement, seeking to protect their interests in the new Syria order… Read more : Washington Post, 14.02.2018
  • US, Russian officials dispute reports of Russians casualties - It’s a scenario many feared in the fog of Syria’s multi-front war: a confrontation in which U.S. forces, responding to a provocation, kill Russian soldiers or mercenaries on a crowded battlefield. Russian news reports Tuesday described just such a scenario, with an unknown number of Russian military contractors killed in a ferocious U.S. counterattack last week. But Defense Secretary Jim Mattis and other U.S. officials said they had no such information on casualties, and the Kremlin did not confirm any Russian deaths. U.S. officials also said the Russian government had lodged no complaint about its citizens being killed… Read more : ABCNews, 14.02.2018
  • World Israel’s decision to put a Palestinian teen on trial could come back to bite it - Slouching in her chair and mouthing messages to her friends and family from under a cascade of strawberry-blond curls, Ahed Tamimi in many ways appears to be an everyday teenager. But the tussle of television cameras and photographers that crowded in for a shot of her in the dock of a small Israeli military court in Ofer for a bail hearing last month was a reminder that she is far from it. Ahed, who recently turned 17, was arrested after a video of her slapping and kicking two Israeli soldiers who had entered her front yard went viral last year. On Tuesday, after nearly two months in detention, she went on trial on 12 charges, including assault of a soldier and incitement. .. Read more : The Washington Post, 13.02.2018
  • Turkey: Relations with US at make-or-break point - Turkey claims US forces in Syria are intentionally stalling the fight against the “Islamic State” to justify cooperation with Kurdish fighters. US Secretary of State Rex Tillerson is due in Ankara later this week. Turkish Foreign Minister Mevlut Cavusoglu on Monday warned that Turkey-US ties were at a “critical point” and Washington needed to take “concrete steps” to regain Ankara’s trust. “Our relations are at a very critical stage,” Cavusoglu said in televised comments in Istanbul. “Either we will improve ties or these ties will totally break down.” Tensions between the two NATO allies escalated after Ankara last month launched a military offensive against the Syrian Kurdish People’s Protection Units (YPG) militia in the western enclave of Afrin in northern Syria… Read more : Deutsche Welle, 12.02.2018
  • Huge obstacles on EU path – citizens to decide what to do - Serbian President Aleksandar Vucic received on Wednesday in Belgrade EU Commissioner for Neighborhood Policy and Enlargement Negotiations Johannes Hahn. During a joint news conference after the meeting, Vucic pointed out that chapter 35 in EU membership negotiations – that concerns Kosovo – “exists only for Serbia – it did not exist for any other country.” Vucic added “mountains of obstacles” stand in front of Serbia in negotiations with the European Union – “this is primarily the issue of Kosovo and Metohija, but also of the borders with Bosnia-Herzegovina and Croatia.” “Are these easy obstacles for us? They are not, they are like the Himalayas, but we would not be the first to have climbed Mount Everest,” said he. “As a society we can let time pass or to try to

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  • Kim Jong Un Invites South Korea’s Moon to Summit in Pyongyang - North Korean leader Kim Jong Un has made a dramatic gesture that may raise prospects for easing tensions on the Korean Peninsula by inviting South Korean President Moon Jae-in to meet in Pyongyang. The invitation was verbally delivered by Kim’s sister, Kim Yo Jong, during a Saturday meeting at Moon’s presidential compound in Seoul a day after the opening ceremony for the Winter Olympics in South Korea. A Moon-Kim summit would mark the first time leaders of two countries have met in 11 years… Read more : Bloomberg, 10.02.2018
  • US government shuts down for second time this year after failing to pass spending measure - The US government has shut down for the second time this year after the Senate failed to pass a stop-gap spending measure. Republican Senator Rand Paul prevented the Senate from taking a quick vote on the bill. The US government shut down for the second time in 2018 as Republican Senator Rand Paul held up voting on a two-year budget deal that would have averted it. Paul, a fiscal conservative from the state of Kentucky, said he could not allow a quick vote to take place because the proposed measure — which would fund the government for another six weeks — would also expand the US deficit. “I ran for office because I was very critical of President Obama’s trillion-dollar deficits,” he said. “Now we have Republicans hand in hand with Democrats offering us

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  • Carney Steps Up Bank of England Rate Hike Timetable for Brexit-Hit U.K. - Mark Carney said U.K. interest rates may need to rise at a steeper pace than previously thought to prevent the Brexit-weakened economy from overheating. The Bank of England lifted its forecasts for economic growth Thursday and said that inflation is projected to remain above the 2 percent target under the current yield curve, which prices in about three quarter-point hikes over the next three years. The governor noted that a key challenge is limited capacity. “It will be likely to be necessary to raise interest rates to a limited degree in a gradual process but somewhat earlier and to a somewhat greater extent than what we had thought in November,” Carney said in a press conference. “Demand growth is expected to exceed the diminished supply growth.” … Read more :

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  • Germany’s Angela Merkel finally reaches coalition deal with SPD - After protracted talks, Angela Merkel’s conservatives have made a deal with the Social Democrats for a new coalition contract in Germany. The SPD confirmed this in a message to its members, who will have the final say. Wednesday’s key developments The SPD, CDU and CSU have agreed in principle on a coalition deal, but a vote of SPD members still awaits. SPD to now have three major portfolios: finance, foreign affairs and labor. Bavaria’s CSU, which advocates a tougher line on immigration than Chancellor Merkel, takes over the Interior Ministry. Merkel’s CDU gains the Economy Ministry and smaller posts, but is giving up the influential Interior and Finance ministries… Read more : Deutsche Welle, 07.02.2018
  • Russia deploys nuclear-capable missile system in Kaliningrad: reports - The Kremlin has stressed its sovereign right to deploy missiles on Russian territory after reports that the country deployed the Iskander nuclear-capable missile system in Kaliningrad on the Baltic Sea. On Tuesday, Russia claimed the right to put weapons anywhere it chooses on its own territory after reports that the country had deployed nuclear-capable Iskander missiles in Kaliningrad drew criticism from its neighbors and NATO. Kaliningrad is a Russian exclave on the Baltic Sea, and the missiles would be able to reach large parts of NATO members Poland, Lithuania, Latvia and Estonia. The president of Lithuania, which neighbors Kaliningrad, and a senior Russian lawmaker both said the missile systems had been deployed to the region. Russia has not confirmed the deployment. Asked about the reports on a conference call with journalists, Kremlin spokesman

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  • Retour sur anticipation : Attention, prises de bénéfice en vue ! - Les événements secouant les places boursières mondiales nous ont donné raison ! Nous avions anticipé un mouvement boursier de prise de bénéfice. Après avoir grimpé ces dernières semaines, le Dow Jones s’effondre et le CAC40 s’ouvre à la baisse, tombant hier au taux où il était… le jour de l’élection d’Emmanuel Macron ! Revue de presse de ce matin : Le Monde : Coup de froid en Bourse, le doute s’empare des marchés Mémoire des luttes : Un effondrement capitaliste discret? La pré-panique s’installe CNN Money : Global stocks plunge after Wall Street bloodbath The Wall Street Journal : Dow drops More Than 1,100 Points in Stock-Market Rout Ce que nous écrivions le 15 Janvier 2018 : Attention, prises de bénéfice en vue ! « Dans un mouvement similaire à ce qu’on peut observer sur

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  • South African pension fund scandal: ‘The damage will be immense’ - South Africa’s government pension fund has lost billions of rand by investing in conglomerate Steinhoff. DW talks to expert Wolfgang Drechsler about how such a disaster could happen and how much can still be saved. DW: Could Steinhoff have engaged in accounting fraud, and as a consequence, risk closing its doors? Wolfgang Drechsler: That there has been fraud seems to be now rather obvious. But the extent of the fraud came as a surprise. That the company was a bit on the dubious side was well-known. Before this happened, people questioned the accounting practices of Steinhoff. Their habit of moving assets between countries, of parking losses or certain activities outside their official balance sheets, of having these wonderful tax rates… Read more : Deutsche Welle, 31.01.2018
  • MEPs threaten veto on fossil fuel projects - MEPs have started a procedure to reject a list of energy infrastructure projects which would give fast-track status and potential access to EU funding – because too many projects relate to natural gas, a fossil fuel. “No more support should be given today to fossil fuel projects,” said campaigner Antoine Simon of the Friends of the Earth Europe group, which welcomed the move. If the list does receive a veto from the European Parliament, the European Commission will have to come up with a replacement, which in turn could delay key energy projects across to the bloc. The list in question is the so-called ‘Projects of Common Interest’ (PCI) list, which was adopted in 2013, amended in 2015, and now again is proposed to change. EU governments are required to

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  • Attention, prises de bénéfice en vue ! (dernier jour de coffret cadeau GEAB d’hiver) - Dans un mouvement similaire à ce qu’on peut observer sur les marchés financiers et le Bitcoin : il y a du monde à la manœuvre pour manipuler les petits porteurs et se remplir les poches. Les délires actuels de valorisation des actifs boursiers ressemblent à s’y méprendre à ceux du Bitcoin  et pourraient aboutir aux mêmes réactions de régulation… après une gigantesque prise de bénéfices tout de même, fin des QE oblige… Lisez notre entier GEAB No 121  : https://geab.anticipolis.eu Aussi, si ce n’est pas déjà fait, pensez à renouveler vos codes GEAB pour 2018 dans les prochains jours, avant le 1er février c’est le meilleur moment de l’année, afin de bénéficier d’un deuxième abonnement gratuit + des livres gratuits offerts par notre partenaire Anticipolis dans le cadre du coffret cadeau d’hiver. Lien abonnement GEAB by

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  • Warning : Brexit, the Financial Exodus is underway - A fragment from the GEAB 121 / Jan 2018: “Certain financial corporations started to make arrangements and leave the UK territory aiming to preserve their access to the European financial market. According to some Ernst and Young estimates, 59 of the 222 City-based companies have already started moving staff or operations out of the City whilst 22 investment banks expressed their intentions to do the same[1]. All in all, the British losses could be up to 1,800 billion euro, 10,000 finance jobs and 20,000 positions related to professional services according to the Bruegel think tank[2]. Specialists are still divided on the total number of relocated jobs. Once a company decides to invest in its relocation, there is no turning back. For the moment, financial companies are protecting themselves by shifting

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  • Europe to Trump: If You Want a Trade War, You’ll Get One - The European Union gave President Donald Trump a fresh warning about any U.S. curbs on imports from Europe by pledging rapid retaliation, highlighting the persistent risk of a trans-Atlantic trade war. The EU fired the shot across the U.S. bow after Trump said in an interview with ITVbroadcast over the weekend that he has “a lot of problems with the European Union.” This “may morph into something very big” from “a trade standpoint,” he said. The alert by the European Commission also follows Trump’s decision last week to impose tariffs on U.S. imports of solar panels and washing machines on the basis of rarely used “safeguard” rules. In addition, it comes amid a continuing threat by Washington to curb American purchases of foreign steel and aluminum on national-security grounds… Read more : Bloomberg,

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  • Crisis sistémica occidental 2017-2019 – El Dios dólar contra la gran tentación del petroyuan - Qatar, Corea del Norte, mar Báltico, riesgo de una Tercera Guerra Mundial… las baladronadas militares que desde este verano atestan los medios se juntan con la llegada ya programada, inminente e ineluctable del escenario más catastrófico para el dólar como moneda única de referencia internacional. Sí, el petroyuan lo reemplazará a finales de año… más que de una petromoneda, ¡se trata de una petro-gas-oro-moneda! Con este acto fundacional del mundo multipolar del siglo XXI, Occidente se prepara para evolucionar hacia el total anacronismo. 2014-2017, llegamos al fin de tres años de exacerbación de las tensiones en todas las líneas del frente que opone a Occidente y al resto del mundo, ante la perspectiva del fin del reinado global del dólar y de todos los sistemas financieros y económicos a su

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  • Draghi opens fire at US dollar policy - European Central Bank (ECB) chief Mario Draghi warned on Thursday (25 January) that US support for a weaker dollar was fuelling market instability. “The recent volatility in the exchange rate represents a source of uncertainty which requires monitoring with regard to its possible implications for the medium-term outlook for price stability,” Mario Draghi said at the ECB’s monthly press conference in Frankfurt. He noted that volatility was partly due to the “unquestionable” improvement of the economy. But he added that another reason was “the use of language that doesn’t reflect the terms of reference that have been agreed.” Without explicitly mentioning him, Draghi took aim at the US Treasury secretary Steven Mnuchin, who said earlier this week that “obviously a weaker dollar is good for us [the US] as it

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  • Europe Is Back. And Rejecting Trumpism. - French President Emmanuel Macron laid claim to the mantle of leader of the free world on Wednesday, with an ambitious speech before a packed assembly at the World Economic Forum. He sought to place France at the center of a mission to revamp global capitalism while spreading its spoils more equitably, forging a mode of commerce centered on innovation, yet bearing protections for workers set back by change. Mr. Macron’s hourlong speech before the annual gathering of the world’s wealthy and powerful in the Swiss Alps came on the same day that German Chancellor Angela Merkel and Italian Prime Minister Paolo Gentiloni issued their own forceful speeches toward advancing European integration, while defending the notion of international cooperation… Read more : NY Times, 24.01.2018
  • La BCE sommée de sortir d’un club bancaire très privé - La participation de Mario Draghi au G30, un club de banquiers fermé aux regards extérieurs, a été jugée « contraire à l’éthique ». Et si, depuis plus de vingt ans, il existait une connivence entre régulateurs publics et banques privées ? Le président de la Banque centrale européenne, Mario Draghi, est aujourd’hui sommé par le médiateur européen de suspendre sa participation au G30. Ce club international est basé à Washington et certains de ses membres, des banques privées et des régulateurs, sont directement ou indirectement supervisés par la BCE. « Il est important de montrer (…) qu’il y a une séparation claire entre la BCE, en tant que superviseur (des banques) et l’industrie financière qui est affectée par ses décisions », affirme la médiatrice Emily O’Reilly dans un communiqué…  
  • One year under Trump: A shrinking space for protests - For 11 months, Oliver Harris’ life came to a near standstill as he waited to find out if he would be sent to prison for years over his alleged participation in a rally against US President Donald Trump‘s inauguration. Harris, 28, was among more than 230 people rounded up and arrested by police on January 20, Inauguration Day, after confrontations with heavily armed riot police officers. A small group of people engaged in property damage during the rally. The following day, most of those who were arrested – demonstrators, medics, journalists and bystanders – were charged with felony rioting, which carries a sentence of up to 10 years in prison and a $25,000 fine… Read more : Aljazeera, 15.01.2018
  • India’s bailout plan won’t help its really bad banks—and that’s a good thing - India is unlikely to throw good money at the worst of its bad banks. “Government officials have indicated that capital injections are to be targeted at supporting lending growth, which suggests the healthiest state banks—generally the larger ones—will be the main recipients,” credit rating agency Fitch said in a report released on Jan. 10. Lenders on the Reserve Bank of India’s (RBI) watchlist for rising non-performing assets (NPAs) are likely to be handed only modest sums, added Fitch. Even though this may leave certain weak lenders bitter, it will only ensure that they don’t excessively rely on bailouts and, instead, focus on cleaning up their books. Moreover, the government’s message is clear: Recapitalisation is meant to prod banks into lending more to spur economic growth… Read more : Quartz, 11.01.2018
  • Trump wants war, Moon wants peace - South Korean President Moon Jae-in held a very polished press conference on January 10. He confidently laid out his domestic and foreign policy priorities for some 30 minutes. That address was followed by an hour-long exchange with the flock of journalists in attendance. Yet the ease with which the event unfolded belied the difficulty Moon had in addressing questions about what may be the most important challenge for his administration: North Korea’s fast-progressing weapons programme. Just 10 days earlier, North Korean leader Kim Jong-un‘s made an important New Year’s speech. He reiterated his country’s nuclear capabilities: “our Republic has, at last, come to possess a powerful and reliable war deterrent, which no force and nothing can reverse.” … Read more : Aljazeera, 11.01.2018
  • China’s top three internet giants are making bets on the future of driving - At the annual Consumer Electronics Show in Las Vegas, where tech companies from all over the world gathered this week to show off, traces of the automotive ambitions of some of China’s biggest tech companies were on display too. China’s three most important internet companies, Baidu, Tencent, and Alibaba—known collectively as BAT—are pushing into high-tech mobility, moving in tandem with policies from China’s government. Beijing has offered various incentives to boost its domestic EV sector in order to battle deadly air pollution, helping the country surpass the USas the world’s largest EV market. Meanwhile, in 2016, China’s Ministry of Industry and Information Technology (MIIT), one of the country’s tech regulators, called for (link in Chinese) “partially autonomous” vehicles to account for 50% of car sales by 2020, and “highly autonomous” vehicles to account

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  • Donald Trump cancels UK visit, blaming Barack Obama for a ‘bad embassy deal’, as Sadiq Khan says he ‘finally got the message’ - US president Donald Trump has confirmed he will not travel to the UK to open the new American embassy next month, blaming the decision to relocate the building to an “off location”. Hitting out at former US leader Barack Obama, Mr Trump wrote on Twitter early on Friday that he thought the embassy’s move from Grosvenor Square in the prestigious Mayfair district of central London to Nine Elms, south of the Thames, in a 1.2 billion dollar (£886 million) project was a “bad deal”. He wrote: “Reason I cancelled my trip to London is that I am not a big fan of the Obama Administration having sold perhaps the best located and finest embassy in London for ‘peanuts’, only to build a new one in an off location for 1.2 billion dollars. Bad deal. Wanted

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  • Denmark, Greenland sign deal to clean up US military waste - Denmark and its autonomous Arctic island of Greenland have signed an agreement to clean up U.S. military installations that were left to rust in the pristine landscape after the Cold War. The deal earmarks 180 million kroner ($29 million) over six years for the cleanup. Greenland Premier Kim Kielsen and Danish Environment Minister Esben Lunde Larsen finalized it in Copenhagen on Thursday. Lunde Larsen said a Denmark-Greenland steering group will decide when and where to start the cleanup. A 1951 deal between Copenhagen and Washington allowed the U.S. to build 33 bases and radar stations in Greenland. The agreement didn’t specify who would be responsible for cleanup. Lunde Larsen and Kielsen singled out areas south of Nuuk, the Greenland capital on the west coast, and Tasiilaq on the east coast, where there are

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  • EU sets date for next wave of enlargement - The EU is preparing to pledge a 2025 deadline for the next wave of enlargement, but Balkans disputes could hold things back. “The Western Balkans partners now have a historic window of opportunity. For the first time, their accession perspective has a best-case timeframe,” the commission is to say in a strategy paper to be adopted either on 7 or 14 February. “With strong political will, the delivery of real reforms, and lasting solutions to disputes with neighbours, Montenegro and Serbia should be ready for membership by 2025,” the text is to add, according to a draft seen by EUobserver. It aims to say Albania, Bosnia, Macedonia, and Kosovo “should also be well advanced on their European path by then”, or, according to alternative words in brackets, that their “negotiations

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  • Uk arrests French suspect in Sarkozy financing probe - British police have detained a French businessman as part of a long-running investigation into suspected Libyan financing of ex-president Nicolas Sarkozy’s 2007 election campaign, officials said Monday.  Alexandre Djouhri, the subject of a European arrest warrant, was apprehended at Heathrow Airport on Sunday and remanded in custody after a hearing at Westminster Magistrates’ Court on Monday. A spokesman for London’s Metropolitan Police confirmed Djouhri’s arrest “under a European arrest warrant”. “The warrant was issued by French authorities for offences of fraud and money laundering,” the spokesman added. A court official said Djouhri would remain in custody at least until another court appearance on Wednesday, at which “he could be released on bail or could be kept in prison” pending a formal extradition hearing. Djouhri, a 58-year-old Swiss resident, has been a

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  • Iran bans English lessons in primary school - The government of Iran has forbidden English lessons for all primary schools after a week of unrest blamed on foreign agents. Ayatollah Khamenei has called English part of a “cultural invasion” by the West. Iran has called for an end to teaching English in primary schools, a senior education official said in an interview on Sunday.  Speaking to national broadcaster IRIB, High Education Council leader Mehdi Navid-Adham called the English language a gateway to the “cultural invasion” of the West. “Teaching English in government and non-government primary schools in the official curriculum is against laws and regulations,” Navid-Adham was quoted by Reuters news agency as saying. “This is because the assumption is that, in primary education, the groundwork for the Iranian culture of the students is laid.” In 2016, Iran’s

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  • Emmanuel Macron starts China visit in Silk Road gateway city of Xian - French President Macron embraced China’s massive “Belt and Road” development project but said that trade must be a two-way street. He said Europe and China needed each other in the future, so they had to work together.  At the start of his three-day state visit to China, French President Emmanuel Macron gave voice to European concerns about Beijing’s massive Silk Road revival plan while also calling on European leaders to put aside their concerns and support an effort that is aimed at developing trade. “Our destinies are linked,” he said during a keynote speech to businesspeople, academics and students at the Daming Palace — the royal residence for more than 220 years of the Tang dynasty — in the northern city of Xian, the starting point of the ancient Silk Road. But Macron also

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  • Internationalisation of the Yuan: Securing China’s financial system - China’s decision to introduce in 2018 the gold-convertible petro-gazo-Yuan currency is an important step in the process of internationalisation of the Yuan. It confirms the will of Beijing (asserted for a decade already) to impose the Renminbi (official name of the Chinese currency) as new global reference currency. In October 2016 the IMF decided to introduce the Yuan into its own currency basket of the Special Drawing Rights (SDR), after a series of reforms and intense Chinese pressure. This was a very important step in this internationalisation process. The birth of the petroyuan, more than a year later, is another one. The Chinese contradiction: the need to control AND liberalise  The Chinese government is accelerating this movement by enshrining it into a broader strategy. The signs, from this point of

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  • The end of the citizen internet - «It will become increasingly difficult to send newsletters in mass mailings, to use the word “political” in your non-individual messages, to carry out militant actions via Internet, use certain words in your exchanges on Facebook … Terrorism will be the excuse, but the real target will be the ability for citizens to organise themselves. We have been announcing it for a long time, but 2017 will make it visible: there will be a transition from internet revolution to internet terror. And it is not from Russia that this will come but from our home. » It’s happening slowly but surely and it is more and more real… How many of you have seen their Facebook message being “de-published” without any warning or apparent reason? At the European level, cyber-security budgets are

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  • No Idea What MiFID Stands For? Here’s What You Need to Know - Everyone in European finance has been abuzz over an obscure acronym — MiFID II — that’s about to radically change how assets from stocks to commodities are traded and investors’ money is managed. Banks and asset managers across the European Union have spent more than $2 billion preparing for it. Regulators say it will protect investors, boost transparency and rebuild trust that was tarnished by the 2008 global crash. The industry has even spent months finding ways to sidestep parts of it. But you’d be forgiven for not paying attention: MiFID II is a law entering into force on Jan. 3 that, according to one count, is already close to 7,000 pages in length with all its addendums. That’s five times longer than Tolstoy’s War and Peace — and vastly

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  • Iran: Macron dit sa «préoccupation» et reporte la visite de Le Drian - Le président français Emmanuel Macron a exprimé mardi, dans un entretien téléphonique avec son homologue iranien Hassan Rohani, sa “préoccupation” face “au nombre de victimes liées aux manifestations” des derniers jours en Iran et a appelé Téhéran à “la retenue et à l’apaisement”, a indiqué l’Elysée. Dans ce contexte, les deux dirigeants ont décidé de reporter à une date ultérieure la visite que devait effectuer le chef de la diplomatie française, Jean-Yves Le Drian, à Téhéran à la fin de la semaine, a précisé l’Elysée. Les deux dirigeants se sont entretenus au sixième jour d’un mouvement de contestation marqué par des violences meurtrières et des centaines d’arrestations dans plusieurs villes iraniennes. Au cours de cet appel, prévu avant ces évènements, M. Macron a fait “part de sa préoccupation face au

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  • Is Bitcoin about to be replaced? - When I wrote my last article about Bitcoin it was sitting at US$13,807 and the price right now is US$13,502. A drop of around 2.5% isn’t much to write home about, but it is on top of more losses from the high of US$19,500 a few weeks ago. The price has actually risen from New Year’s Day, when the price was almost US$13,000. However, it’s the slow-and-steady decline back towards $10,000 that could see many retail investors rush for the exits. Why hold a speculation tool if it’s losing money? The Bitcoin decline could be due to cryptocurrency investors moving onto potentially better things. Bitcoin cash, Ethereum, Litecoin and some others offer potentially better futures than Bitcoin… Read more: Yahoo.com, January 2, 2018
  • Iran’s Rouhani Backs People’s Protest Right in First Remarks - Iranian President Hassan Rouhani said his country’s people have the right to protest and criticize but that such actions must be for the good — and rejected U.S. President Donald Trump’s backing of demonstrators. Rouhani first comments since protests against the condition of Iran’s economy started on Dec. 28, were reported by the semi-official ISNA news agency following an Iranian cabinet meeting in Tehran. Earlier on Sunday, Iran restricted social media access, drawing a fresh rebuke from Trump. The government won’t tolerate damage to public property and protesters who cause social disruption, Rouhani said, adding that demonstrations shouldn’t make the public fear for their safety… Read more : Bloomberg, 31.12.2017
  • Iran death toll rises as protests continue - A number of Iranians have died  amid ongoing nationwide anti-government protests that began last week in various cities across Iran. Nine Iranians were killed in Isfahan province alone during anti-government protests on Monday night. State TV said on Tuesday that six people were killed in Isfahan’s central town Qahderijan – during a raid on a police station – and one more in Khomeinishahr. According to state media, the rioters were attempting to break into the station to obtain weapons. An 11-year-old boy and a 20-year-old man were among those killed in Khomeinishahr. In addition, Iran’s semi-official Mehr news agency said a member of Basij militia and a police officer were killed in Najafabad, 350km south of the capital Tehran, on Monday. According to reports, an Iranian Revolutionary Guard Corps (IRGC) soldier was shot

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  • Superpower India to Replace China as Growth Engine - India is poised to emerge as an economic superpower, driven in part by its young population, while China and the Asian Tigers age rapidly, according to Deloitte LLP. The number of people aged 65 and over in Asia will climb from 365 million today to more than half a billion in 2027, accounting for 60 percent of that age group globally by 2030, Deloitte said in a report Monday. In contrast, India will drive the third great wave of Asia’s growth – following Japan and China — with a potential workforce set to climb from 885 million to 1.08 billion people in the next 20 years and hold above that for half a century. “India will account for more than half of the increase in Asia’s workforce in the coming decade, but this isn’t just a story of more workers: these new

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  • Ukraine, pro-Russian rebels swap hundreds of prisoners - Ukraine and Russia-backed separatists have conducted a mass prisoner swap, marking the largest such deal since the armed conflict in eastern Ukraine broke out in 2014. The captives – who include activists and journalists – were exchanged on Wednesday near the town of Horlivka, northeast of Donetsk. Under the terms of the agreement, 74 Ukrainian soldiers were expected to be swapped for 306 pro-Russian separatists. However, Ukraine handed over some 235 people – the others either chose to stay in Ukraine or had been released earlier, according to Ukrainian officials… Read more : Aljazeera, 27.12.2017
  • Aux Etats-Unis, l’épidémie d’overdoses atteint un nouveau pic - Plus mortelle que les accidents de la route ou les armes à feu ; plus dévastatrice que le sida ou le crack dans les pires années. L’épidémie d’overdoses qui ravage les Etats-Unis a atteint un nouveau pic et s’étend désormais à toutes les couches de la population, selon les chiffres officiels publiés en décembre par les Centers for Disease Control and Prevention (CDC). Ainsi, en 2016, une personne est morte toutes les huit minutes d’une surdose de drogues. Sur les 63 600 victimes, plus de 42 000 ont succombé à une overdose d’opioïdes, en grande partie obtenus sur prescription médicale, ce qui représente une hausse de 28 % par rapport à l’année précédente. Et 2017 s’annonce tout aussi sombre. Au point que les autorités sanitaires américaines lient désormais ces décès à l’une des statistiques les plus préoccupantes

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  • EU angers Switzerland over stock market access - The EU angered Switzerland on Thursday (21 December) when it granted Swiss stock exchanges access to EU markets for only one year. The decision on equivalence, which implements a new Markets in Financial Instruments Directive and Regulation (called MiFID II/MiFIR), will enter into force on 3 January. It was adopted by the European Commission on Thursday after member states – except the UK – supported it. Its renewal next year will depend on progress in the negotiations between Switzerland and the EU over an institutional agreement on their long-term relations. “We will be assessing progress on that by end of next year,” said commission vice president Valdis Dombrovskis. He argued that “Swiss operators will continue enjoying access to the EU market, and EU investment firms will be able to trade

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  • Euro-Zone Reform Proposals Don’t Go Far Enough - Large bank failures in recent years have led to reforms that strengthen crisis prevention and give regulators and banks the tools for dealing with crises that do occur. Similar policy measures can be helpful in dealing with sovereign crises — when governments run out of money and credit. Unfortunately, the European Commission misses the mark in its recent proposals to upgrade the euro zone’s sovereign crisis management system. To reduce the likelihood of a bank crisis, recent reforms have mandated that banks increase capital requirements during economic expansions, allowing them to fall during contractions or recessions. Governments can benefit from the countercyclical approach, too. It is fine to have policies such as the EU’s Growth and Stability Pact that limit government deficits and debt, but instead of blanket limits, these parameters should vary depending

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  • The U.S. Just Had a Very Good Week at the UN - After the UN General Assembly voted this week to condemn U.S. recognition of Jerusalem as Israel’s capital, the conventional wisdom is that the Trump administration has only isolated itself at the United Nations. And it’s easy to see the logic. America’s adversaries gloated. Palestinians cheered. Even staunch allies like France and the U.K. joined the majority of finger waggers. After all, the UN General Assembly did vote 128 to 9 to condemn the U.S. after Ambassador Nikki Haley promised that she would be “taking names.” But that headline is hiding the real news. While most of the world was focused on the symbolic gang up at the UN General Assembly, the Trump administration had some quiet diplomatic success. Let’s start with the meaningful 15-0 vote on Friday to impose new sanctions on

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  • The secret backstory of how Obama let Hezbollah off the hook - How Hezbollah turned to trafficking cocaine and laundering money through used cars to finance its expansion. In its determination to secure a nuclear deal with Iran, the Obama administration derailed an ambitious law enforcement campaign targeting drug trafficking by the Iranian-backed terrorist group Hezbollah, even as it was funneling cocaine into the United States, according to a POLITICO investigation. The campaign, dubbed Project Cassandra, was launched in 2008 after the Drug Enforcement Administration amassed evidence that Hezbollah had transformed itself from a Middle East-focused military and political organization into an international crime syndicate that some investigators believed was collecting $1 billion a year from drug and weapons trafficking, money laundering and other criminal activities… Read more : Politico, Dec. 2017
  • Bitcoin, crypto-currencies, state power strategies - This report was initially published in the GEAB 111 / January 2017 Crypto-currencies, of which Bitcoin is the most popular, are “virtual” currencies devoid of any physical reality, possessing an electronic form and functioning by using cryptographic methods. They are used specially as a means of payment in an innovative decentralised peer-to-peer system. With the Bitcoin and the other crypto-currencies, one can buy everything from food products, company shares, to false driving licenses and even Kalashnikovs. Figure 1 – Source: Journal du Geek. The most purchased items in Bitcoins It all goes back to the subprime crisis in 2008/2009, when the monetary, financial, banking and stock market system broke out in a crisis that threatened to upset the world system as we have known it since 1945 and which our

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  • Catalan Separatist Win Leaves Rajoy Counting Crackdown Cost - Spanish Prime Minister Mariano Rajoy is meeting with allies this morning to plot his next move after a drubbing in Thursday’s Catalan election that saw separatists reclaim control of the regional assembly. Rajoy headed to a 9:30 a.m. cabinet meeting in Madrid and planned to sit down with his People’s Party leadership later in the day, with the resurgent Catalan independence campaign at the top of the agenda. The PP lost eight of its 11 seats in the region’s parliament as ousted President Carles Puigdemont’s party confounded projections to become the biggest group in a three-way separatist bloc. Spanish bonds fell with bank stocks. The result — which the separatists achieved with only 47.5 percent of the vote — doesn’t bring real independence any closer than it was at the end of October, when

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  • Trump threat to cut US aid: Deterrent or hot air? - Despite exerting unparalleled pressure on UNmember states, the US could not stave off a General Assembly vote on Thursday, condemning Donald Trump‘s decision to recognise Jerusalem as Israel‘s capital. The UNGA passed the draft resolution – which declared the Jerusalem decision to be “null and void” – by an overwhelming margin, with 128 states voting in favour and nine against, with 35 abstentions. The results came after days of threats from the US delegation to the United Nations and from Trump himself, who said earlier in the week that he would consider cutting funding to any country that voted against the US. “They take hundreds of millions of dollars and even billions of dollars, and then they vote against us. Well, we’re watching those votes,” Trump told reporters on Wednesday… Read more : AlJazeera, 21.12.2017
  • GEAB Giftbox - Dear GEAB readers, 12 years of GEAB adventure already, 120 bulletins and … what an honour to count you among our regular readers! Our customers’ loyalty is one of our most precious assets; therefore it is with great pleasure that we will offer you the GEAB Anniversary Gift Box available for all new subscriptions and renewals paid during the anniversary period, December 1st, 2017 – February 1st, 2018! The Gift Box will contain exclusive items for you: – The book « EUROPE : COMMUNITY OR EMPIRE? Elements of reflection and principles of action for future European citizens », written by Franck Biancheri, the founder of LEAP, is kindly offered to our readers by our partner Editions Anticipolis. Send us your postal address as well as the language of your choice (French, English) and the book will be delivered to you in

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  • May’s Top Cabinet Ally Damian Green Quits After Porn Claims - U.K. Prime Minister Theresa May’s effective deputy, Damian Green, resigned after an official investigation found that he’d made misleading statements about pornography on one of his parliamentary office computers, and left questions unanswered about his behavior toward a female activist. “I am extremely sad to be writing this,” May wrote in a letter to Green, released by her office, asking him to quit. “We have been friends and colleagues throughout our whole political lives.” His departure strips her of one of the most loyal members of her government as she seeks to steer Britain’s path out of the European Union and rescue her struggling premiership. The 61-year-old and May knew each other since they were at Oxford University and he is one of her closest political allies — ushered into the

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