Mysterious forces were trying their best, but they couldn’t keep the stock market from swooning Wednesday.
They failed in the morning, despite massive purchases of stock index futures contracts. Within minutes of the market’s opening, the Dow Jones industrial average was down 350 points. Later in the day — after a lot of shocking ebb and flow — the Dow bottomed out with a decline of 460 points.
It was only in the last hour of trading that the market saviors managed to trim the Dow loss to just 173 points. And they succeeded only after Janet Yellen’s private, upbeat remarks about the economy were leaked.
Welcome to a new kind of stock market — one that the average investor should refuse to be invested in. Continue reading
The Austrian government has unveiled a sweeping overhaul of the country’s century-old “Islam Law” that governs the legal status of Austria’s Muslim community.
The proposed revisions—which are aimed at cracking down on Islamic extremism in Austria—would regulate the training and hiring of Muslim clerics, prohibit the foreign funding of mosques, and establish an official German-language version of the Koran, among other changes.
The government says the modifications would give Muslims legal parity with other religious groups in Austria. But the leaders of Austria’s Muslim community counter that the contemplated new law amounts to “institutionalized Islamophobia.” Continue reading
Large-scale U.S. military exercises held as Russia re-opens Arctic naval base
An Army rapid deployment force will practice securing the Pentagon’s strategic missile defenses base in Alaska this week as part of annual exercises involving both conventional and nuclear forces.
Defense officials said an Army Quick Reaction Force (QRF) of 55 airborne troops, along with weapons and vehicles, will parachute into Fort Greely, Alaska, on Thursday as part of exercises called Vigilant Shield.
The QRF, made up of highly-trained, extremely mobile forces, will quickly unpack vehicles and arms and move to set up a security perimeter around the Ground-Based Interceptor (GBI) field at the base—all within minutes of hitting the ground, said officials familiar with some details of the exercise. The exercises will continue through Oct. 28. Continue reading
The weaponry seized earlier by ISIS was a result of the gun running scandal in Benghazi, up until the point of the embassy attack. Like al Qaeda, America had created and armed ISIS.
American support for Kurdish fighters in embattled city of Kobane goes awry, as brutal jihadists sarcastically thank US for the ammo.
That aid went horribly wrong on Monday, when the drop of hand grenades, ammunition and rocket-propelled grenade launchers (RPGs) and other goods fell right into the waiting hands of none other than ISIS. The group documented the drop in a video.
The Chinese government may transfer 100,000 People’s Liberation Army soldiers to northwestern China’s restive Xinjiang Uyghur autonomous region to prevent ongoing violence from spiraling out of control, claims the Hong Kong-based Information Center for Human Rights & Democracy. Continue reading
Warns U.S. wants agreement ‘at any price’
TEL AVIV – The U.S. and Western powers currently negotiating with Iran on its nuclear capability are willing to reach an agreement with Tehran at any price, warns a paper prepared by Saudi Arabia’s intelligence organizations.
The document, the contents of which were obtained by WND, was presented by the Saudis this week to all members of the Gulf Cooperation Council, an umbrella made up of all Arab states of the Persian Gulf, except for Iraq. The council consists of Bahrain, Kuwait, Oman, Qatar, the United Arab Emirates and Saudi Arabia. Continue reading
China is building a fleet of a hundred large transport aircraft that will be able to deploy troops all around the world, according to a Russian military expert.
In an article published Oct. 16 on the Russian Council website, Vasily Kashin, a China expert at the Centre for Analysis of Strategies and Technologies in Moscow, says that the People’s Liberation Army hopes to complete the project by 2020.
To reach that goal, China is in the process of acquiring Il-76 multi-purpose four-engine strategic airlifters and Il-78 four-engined aerial refueling tankers from Russia, Belarus and Ukraine, and is also developing its own Xian Y-20 large military transport aircraft.
According to Kashin, the quality of China’s military technology has reached a new level, such that the PLA is now a modernized force capable of fighting a technically advanced war. The new generation PLA has a blue-water navy and maritime force capable of operating across the deep waters of open oceans as well as a powerful strategic air force, he wrote. Continue reading
The Canadian Forces has something the American military does not: a policy that allows transgender people to serve. In the U.S., Pentagon rules prohibit transgender members and if they’re discovered, the military can discharge them.
At a conference on Monday in Washington, D.C., Canada was held up as a model for the U.S. to follow, along with other countries that allow transgender members including Australia, the United Kingdom, Sweden and New Zealand.
Canadian Lt.-Cmdr. Nicole Lassaline spoke on a panel about Canada’s policies, medical and otherwise, and best practices, and Cpl. Natalie Murray shared her personal experience as a transsexual woman who transitioned from male to female while in the air force.
“I love my job,” Murray said in an interview. But despite Canada’s more accommodating policy, it still hasn’t been a smooth ride for her over the past decade. Continue reading
- An online draft proposal from U.S. Citizenship and Immigration Services says it will look for a vendor to supply the blank cards
- At least 4 million per year for five years, including a possible 9 million in the early going
- Document says the move is ‘to support possible future immigration reform initiative requirements’
- Obama has pledged to unilaterally change US immigration policy this year, but recently pushed back his timetable until after November 4 elections
U.S. Citizenship and Immigration Services plans to seek a vendor to produce as many as 34 million blank work permits and ‘green cards’ – the paperwork that authorizes illegal immigrants to live and work in the United States – as the White House prepares to issue an executive order after the Nov. 4 midterm elections.
According to a draft solicitation published online, the government agency will look for a company that can produce a minimum 4 million cards per year for five years, and 9 million in the early stages.
President Barack Obama has pledged that he will make a move on immigration reform this year. His original timetable called for a decision by the end of the summer. Continue reading
Comments will heighten tensions between Poland and Russia, already at odds over the Ukrainian crisis and Poland’s arrest of two men suspected of spying for Moscow
Poland’s parliamentary speaker, Radoslaw Sikorski, has been quoted as saying that Vladimir Putin, the Russian president, proposed to Poland’s then leader in 2008 that they divide Ukraine between themselves.
Mr Sikorski, who until September served as Poland’s foreign minister, was quoted telling American website Politico that Mr Putin made the proposal during a visit by Donald Tusk, then Polish prime minister, to Moscow in 2008 – although he later said some of the interview had been “overinterpreted”.
“He wanted us to become participants in this partition of Ukraine … This was one of the first things that Putin said to my prime minister, Donald Tusk, when he visited Moscow,” he was quoted as saying in the interview.
China has turned a strategically important reef into probably the biggest island in the Spratlys, Chinese scholars say, and the expansion is expected to continue.
Analysts said the continued expansion of Fiery Cross Reef, which China calls Yongshu Reef, is expected eventually to provide a vital outpost for Chinese military and civilian commercial activities in disputed areas of the South China Sea, many of which are closer to other claimants’ coasts than to China’s.
Beijing has yet to openly admit its plans to artificially expand reefs in the sea into islands. Continue reading
The CEO of France’s oil and gas giant Total, Christophe de Margerie, was among four people killed in a business jet crash at Vnukovo Airport in Moscow after the aircraft hit a snowplow on take-off.
Total’s chairman and CEO was the only passenger in the Falcon 50 business jet besides three crewmembers who were also French citizens.
“Total confirms with deep regret and great sadness that Chairman and CEO Christophe de Margerie died just after 10pm (Paris time) on October 20 in a private plane crash at Vnukovo Airport in Moscow, following a collision with a snow removal machine,” the company said in a statement. Continue reading
The most important meeting this year on the calendar of the Chinese Communist Party opened Oct 20 in Beijing and runs through Oct. 23. At the Fourth Plenary Session of Central Committee of the 18th National Party Congress there are 5 issues that can be expected to be covered.
How Far Will Judicial Reform Go?
“With a law that cannot be put into practice, the law would simply be useless words. And the rule of law would be an empty talk,” said head of the Chinese Communist Party (CCP) Xi Jinping during the central political conference in January this year. “Lax law enforcement and unjust judicial system are the results of only a handful of police officers have a sense of professional moral values.”
“Some of the lawyers, judges and prosecutors are working together. And together they become some sort of judicial brokers,” Xi said.
Swedish authorities have asked all civilian vessels to leave waters south of Stockholm as a major operation continues to try to track down a mystery foreign vessel.
In scenes reminiscent of the Cold War, Swedish ships and helicopters scoured the area in a hunt for what some observers think could be a Russian submarine.
Russia denies it has a vessel in the area.
Russia’s official government newspaper said either Sweden’s echo location equipment was faulty or “as the old saying goes, the eyes of fear see danger everywhere”. Continue reading