Trump Mulling Reneging on Another Campaign Pledge, Thanks to Ivanka and Jared Kushner

 

According to Bloomberg, a pro Paris bloc in his administration, which targets greenhouse emissions, is recruiting energy companies to lobby the President to remain in the controversial agreement that he specifically said was a waste of money during the campaign.

“Domestic energy companies are better positioned to compete globally if the United States remains a party to the Paris agreement,” Cheniere wrote. The accord “is a useful instrument for fostering demand for America’s energy resources and supporting the continued growth of American industry.” Continue reading

SCO-BRICS: A Big Summit in Ufa

Obama admits US lacks ‘complete strategy’ in Iraq

President acknowledges military setbacks in fight against IS, urges Baghdad to allow more Sunnis in campaign against terror group

ELMAU, Germany (AP) — Acknowledging military setbacks, President Barack Obama said Monday the United States still lacks a “complete strategy” for training Iraqi forces to fight the Islamic State. He urged Iraq’s government to allow more of the nation’s Sunnis to join the campaign against the violent militants.

Nearly one year after American troops started returning to Iraq to assist local forces, Obama said the Islamic State remains “nimble, aggressive and opportunistic.” He touted “significant progress” in areas where the US has trained Iraqis to fight but said forces without US assistance are often ill-equipped and suffer from poor morale. Continue reading

EU chief says ‘time is running out for Greece’

Kruen, Germany: The European Union’s exasperation with Greece burst into the open on Sunday when its chief executive rebuked leftist Prime Minister Alexis Tsipras and warned that time was running out to conclude a debt deal to avert a damaging Greek default.

In unusually sharp terms, European Commission President Jean-Claude Juncker accused Mr Tsipras of distorting proposals by international creditors for a cash-for-reform agreement and of dragging his feet in offering an alternative.

He urged Athens to put its own ideas on the table swiftly to enable talks to resume on the sidelines of an EU-Latin America summit on Wednesday in Brussels. Continue reading

Russia Preparing for Iran-Style Sanctions

Russian government officials and businessmen are readying for sanctions resembling those applied to Iran after what they see as the inevitable annexation of Ukraine’s Crimea region, according to four people with knowledge of the preparations.

Iran-style retaliation from the West, which would include freezing Russia’s foreign reserves, banking assets and halting lending to companies, is being treated as an unlikely worst-case scenario, according to the people who asked not to be identified as the talks are under way. Officials are calculating the cost to the economy, the people said. Continue reading

Seven EU states create military drone ‘club’

BRUSSELS – Seven EU countries have formed what France calls a “club” to produce military drones from 2020 onward.

The scheme was agreed in Brussels on Tuesday (19 November) at a meeting of the European Defence Agency (EDA), the EU’s defence think tank, by France, Germany, Greece, Italy, the Netherlands, Poland and Spain. Continue reading