Egyptians Outraged At Government Plan To Hand Over Islands To Saudi Arabia As Saudi King Arrives In TurkeySubmitted by Tyler Durden on 04/12/2016 11:27 -0400
the Egyptian government said on Saturday that the two countries had signed maritime demarcation accords that put the islands of Tiran and Sanafir in Saudi waters in the process handing over the two islands to the Saudi kingdom. As Reuters reported, "Egypt's announcement during a five-day visit by King Salman that it would transfer two Red Sea islands to its Saudi ally has outraged Egyptians, who took to social media to criticize the move"
"We continue to think Greece has the potential to return to the headlines, and we do not rule out the prospect of “Grexit” returning... We note the more fragile European political environment (Dutch referendum, UK’s EU referendum, likely snap elections in Spain, key elections in France and Germany in 2017) compared to previous episodes, and the possibility that the increased noise around Greece could potentially influence the UK referendum on EU membership. Furthermore, the ongoing migration crisis in which Greece plays a central role is exacerbating tensions at both domestic and European levels."
Ever since explosions ripped through the Brussels airport on the morning of March 22, local authorities had been on the hunt for the third bomber, the one also known as "the man in the hat." As of moments ago, he has been officially found. According to local authorities, Mohamed Abrini - who was arrested on Friday in the Anderlecht district of Brussels - has confessed to being the third attacker at the Brussels national airport, Belgium’s federal prosecutors said on Saturday in a news release.
The United States via its Central Intelligence Agency is still delivering thousands of tons of additional weapons to al-Qaeda and others in Syria. The British military information service Janes found the transport solicitation for the shipment on the U.S. government website FedBizOps.gov. Janes writes: "The FBO has released two solicitations in recent months looking for shipping companies to transport explosive material from Eastern Europe to the Jordanian port of Aqaba on behalf of the US Navy's Military Sealift Command."
Customs officials at the Greek-Turkish border crossing of Kipoi have confiscated the largest amount of gold that anyone has ever attempted to smuggle out of the country. The loot was found hidden in a taxi and consisted of 18 bars of unrefined gold, weighing 33.5 kilos, along with four crosses made of oure gold (11.6 grams). The gold was found last Friday during a police check on cars planing to cross the border. The suspects hid seven gold bars and the four crosses in the car’s passenger armrest while the other 11 bars were concealed in their luggage.
What’s left for the Empire of Chaos in the Eurasian front is the wishful thinking of attempting to encircle both Russia and China, while both keep actually expanding all across the Eurasian Heartland, shedding US dollars and buying gold, signing a flurry of contracts in yuan and selling oil and gas to all and sundry.
As the Syrian refugee crisis reaches a critical impasse, both in terms of European security and refugee human rights, Brussels has found itself having to deny accusations of a secret pact between Malta and Italy to swap refugees for oil exploration rights. The Maltese opposition leader has claimed that Malta and Italy cut a secret deal in which Malta would surrender oil exploration rights in an offshore area disputed with Italy, while Italy would return the favor by picking up Malta’s share of migrant rescues at sea.
If these women and children knew what was possibly awaiting them in Turkey, they would never set foot in the country.
Italy’s Interior minister Angelino Alfano warns the refugee “system is at risk of collapse” following an 80 per cent spike in the number of arrivals to Italy across the central Mediterranean Sea in the first quarter of this year compared to 2015. Alfano fears that Syrians headed for Turkey will inetead head for Libya for an even more hazardous Mediterranean Sea crossing to Italy.
- Ties between Germany and Russia enter new chill (Reuters)
- Tax authorities begin probes into some people named in Panama Papers leak (Reuters)
- SEC investigates ex-JPMorgan debt traders (FT)
- Who Will Win Wisconsin? Here Are Six Credible Predictions (BBG)
- Victim in Wall St. Scheme Was a Classmate of Its Accused Architect (NYT)
Obama is considering a plan to greatly increase the number of American special operations forces deployed to Syria "as it looks to accelerate recent gains against Islamic State." According to Reuters, this troop expansion would leave the U.S. special operations contingent many times larger than the around 50 troops currently in Syria, where they operate largely as advisors away from the front lines.
NATO isn’t just an expensive luxury of the sort we can no longer afford – it is a tripwire that could be set off by a minor border conflict involving Moldova, the status of Kaliningrad, or – more likely – another round of hostilities in Ukraine. Would we start World War III in defense of the oligarchs of Kiev? I wouldn’t put it past them. With his plan – or, rather, inclination – to abandon the old NATO and replace it with some sort of multilateral counterterrorist operation, and his insistence that our “allies” pay up, Trump is forcing an issue onto the stage that hasn’t been seen since the days of Bob Taft.
- Saudi Arabia Will Only Freeze Oil Production If Iran Joins (BBG)
- Japanese gloom ensures slow start to quarter for world stocks (Reuters)
- Saudi Arabia Plans $2 Trillion Megafund for Post-Oil Era (BBG)
- Prices Sag in Warning to ECB Even as Manufacturing Picks Up (BBG)
- China factories scent hint of spring, Europe still chilly (Reuters)
- Theranos Devices Often Failed Accuracy Requirements (WSJ)
Erdogan has boasted that he is proud of boldly blackmailing EU leaders into paying him protection money. The nightmare scenario for a desperate EU is that no matter how much it bows to extortionist demands from Turkey, the migrant crisis will continue to grow.
In a few moments, Turkey's president Recep Erdogan will address the Brookings center with a speech titled "Global challenges and Turkey's goals for the year 2023." However, the major news is not Erdogan's speech, but what is taking place just before it, and how it puts any treatment of a Trump protest to shame after one journalist was physically removed from the event site by Turkish security personnel, another kicked by a guard, and a third — a woman — thrown to the sidewalk in front of a Washington think tank where he was to speak.