Israel halts aid to Angola over anti-settlement UN vote

Israel has stopped foreign assistance to Angola after it voting in favour of the UN Security Council resolution condemning Israeli settlements built in the occupied Palestinian territories and demanding their construction be stopped, Israeli radio said on Tuesday. The station added that Israel’s Ambassador to Angola, Oren Rosenblatt, informed Angolan officials of Tel Aviv’s decision. Israel will also shut down an international aid agency it operates in Angola which brings individuals from the country to Israel in order to gain exposure to advanced agricultural and manufacturing technology. Israel has also stopped foreign assistance to Senegal over the vote. Foreign Ministry spokesman Emmanuel Nahshon said on Tuesday that Israel was “temporarily reducing” visits and work with embassies of nations that voted […]

France’s Hollande pardons woman who killed her violent husband

Author: 
Reuters
Wed, 2016-12-28
ID: 
1482941013069906900

PARIS: French President Francois Hollande on Wednesday pardoned a woman who had been convicted for the murder of her violent husband, in a rare use of that presidential power in France.
Jacqueline Sauvage had been sentenced to 10 years in jail for shooting dead her husband in 2012 after he beat her up for decades.
Her three daughters sought a presidential pardon, in a much-publicized bid supported by an online petition that attracted over 380,000 signatures.
Hollande had initially granted a sentence reduction in January 2016 and gave his full pardon on Wednesday.
“The President of the Republic judged that the place of Madame Sauvage was no longer in prison, but beside her family,” his office said in a statement, adding that she would be freed immediately.
Sauvage is one of only two people to have benefited from a presidential pardon from Hollande. In 2013 he granted a sentence reduction to allow Philippe El Shennawy, then France’s longest-serving prisoner, to be freed on parole after 38 years in jail.
The French presidential pardon, which does not quash actual convictions that are the responsibility of the courts, has been limited to individual cases since 2008, after in the past being used to waive en masse minor sanctions such as driving fines.
One of the most famous cases of presidential pardon under the French Republic was that accorded to Alfred Dreyfus in 1899, after public controversy over the Jewish army officer’s conviction for treason. He was later cleared by an appeal court.

Main category: 

France’s Hollande pardons woman who killed her violent husband

Author: 
Reuters
Wed, 2016-12-28
ID: 
1482941013069906900

PARIS: French President Francois Hollande on Wednesday pardoned a woman who had been convicted for the murder of her violent husband, in a rare use of that presidential power in France.
Jacqueline Sauvage had been sentenced to 10 years in jail for shooting dead her husband in 2012 after he beat her up for decades.
Her three daughters sought a presidential pardon, in a much-publicized bid supported by an online petition that attracted over 380,000 signatures.
Hollande had initially granted a sentence reduction in January 2016 and gave his full pardon on Wednesday.
“The President of the Republic judged that the place of Madame Sauvage was no longer in prison, but beside her family,” his office said in a statement, adding that she would be freed immediately.
Sauvage is one of only two people to have benefited from a presidential pardon from Hollande. In 2013 he granted a sentence reduction to allow Philippe El Shennawy, then France’s longest-serving prisoner, to be freed on parole after 38 years in jail.
The French presidential pardon, which does not quash actual convictions that are the responsibility of the courts, has been limited to individual cases since 2008, after in the past being used to waive en masse minor sanctions such as driving fines.
One of the most famous cases of presidential pardon under the French Republic was that accorded to Alfred Dreyfus in 1899, after public controversy over the Jewish army officer’s conviction for treason. He was later cleared by an appeal court.

Main category: 

The Real Reason Janet Yellen Hates Cash

Janet Yellen thinks the US Dollar is a ““cash is not a convenient store of value.”

Long-term she is correct. After all, thanks to the Fed, the $USD has lost 95% of its purchasing power over the last 100 odd years. Anyone who has kept their money in cash has generally lost money virtually non-stop.

However, in today’s world in which some $9 TRILLION in bonds are posting negative yields, cash isn’t looking so bad. Yes, you’ll still lose purchasing power over time… but the same is true if you buy bonds in Europe or Japan… just with more volatility.

Yellen’s disdain for cash isn’t that cash is a poor store of value… it’s that cash, particularly physical cash is one of the few “loopholes” in the current financial system that permits you to escape the insanity of Negative Interest Rates from Central Banks.

After all, there are two basic benefits to storing your money in a bank:

1)   Security

2)   Interest

With NIRP in place, #2 is no longer a benefit. If anything storing your money in a bank with NIRP means losing money.

This leaves #1: security.

But you can likely achieve the same security by buying a home safe and sitting on physical cash there. Indeed, this is precisely what consumers in Europe and Japan have done since Central Banks in those two regions employed NIRP.

This is why Yellen and her ilk hate cash. Central Banks want to force consumers to spend money or invest in risk assets by punishing deposits with NIRP. But physical cash avoids NIRP entirely.

Will this stop Central Banks? No way.

Indeed, we’ve uncovered a secret document outlining how the Fed plans to incinerate savings in the coming months.

We detail this paper and outline three investment strategies you can implement

right now to protect your capital from the Fed’s sinister plan in our Special Report

Survive the Fed’s War on Cash.

We are making 1,000 copies available for FREE the general public.

To pick up yours, swing by….

http://phoenixcapitalmarketing.com/cash.html

Best Regards

Graham Summers

Chief Market Strategist

Phoenix Capital Research

 

 

 

 

The post The Real Reason Janet Yellen Hates Cash appeared first on crude-oil.top.

Greece vows to improve conditions in overcrowded migrant camps

Author: 
Reuters
Wed, 2016-12-28
ID: 
1482940727789863000

ATHENS: Greece, a frontline country for migrants fleeing to Europe from war and poverty, vowed on Wednesday to improve living conditions in its overcrowded island camps.
The number making the sea crossing from Turkey to Greece has fallen sharply this year under a European Union deal with Turkey. It stipulates that people arriving after March 20 are to be held on five Aegean islands and sent back if their asylum applications are not accepted.
According to figures from UN refugee agency UNHCR, 173,208 people have reached Greece this year, down from 856,723 in 2015.
Some 60,000 migrants, mostly Syrians, Iraqis and Afghans, are still scattered across the country, which is struggling to emerge from a debt crisis.
About 15,000 are in overcrowded island camps that have grown violent as the slow processing of asylum requests adds to frustration over living conditions.
“We are planning to have new, small venues on the islands, either by setting up small, two-story houses, in order to empty the tents, or by finding other places … to improve conditions,” Greek Migration Minister Yannis Mouzalas told reporters.
“It will need time but we will do it.”
He said authorities would also set up small detention centers and boost policing.
Mouzalas acknowledged that slow processing of asylum requests was an “Achilles heel” but said Athens was hiring more staff to speed it up.

Main category: 

Greece vows to improve conditions in overcrowded migrant camps

Author: 
Reuters
Wed, 2016-12-28
ID: 
1482940727789863000

ATHENS: Greece, a frontline country for migrants fleeing to Europe from war and poverty, vowed on Wednesday to improve living conditions in its overcrowded island camps.
The number making the sea crossing from Turkey to Greece has fallen sharply this year under a European Union deal with Turkey. It stipulates that people arriving after March 20 are to be held on five Aegean islands and sent back if their asylum applications are not accepted.
According to figures from UN refugee agency UNHCR, 173,208 people have reached Greece this year, down from 856,723 in 2015.
Some 60,000 migrants, mostly Syrians, Iraqis and Afghans, are still scattered across the country, which is struggling to emerge from a debt crisis.
About 15,000 are in overcrowded island camps that have grown violent as the slow processing of asylum requests adds to frustration over living conditions.
“We are planning to have new, small venues on the islands, either by setting up small, two-story houses, in order to empty the tents, or by finding other places … to improve conditions,” Greek Migration Minister Yannis Mouzalas told reporters.
“It will need time but we will do it.”
He said authorities would also set up small detention centers and boost policing.
Mouzalas acknowledged that slow processing of asylum requests was an “Achilles heel” but said Athens was hiring more staff to speed it up.

Main category: 

Turkey, Russia have ceasefire plan for Syria

Turkey and Russia have prepared an agreement for a ceasefire in Syria, Turkey’s foreign minister said, adding Ankara would not budge on its opposition to President Bashar Al-Assad staying in power. The comments by Foreign Minister Mevlut Cavusoglu today appeared to signal a tentative advance in talks aimed at reaching a truce, but the insistence that Al-Assad must go will do little to smooth negotiations with Russia, his biggest backer. Russia, Iran and Turkey said last week they were ready to help broker a peace deal after holding talks in Moscow where they adopted a declaration setting out the principles any agreement should adhere to. “There are two texts ready on a solution in Syria. One is about a political […]

John Kerry To Discuss Mid-East “Peace”: Explain Aleppo Loss, Israel Shun – Live Feed

Outgoing US secretary of state John Kerry is to remark on the Israeli-Palestinian conflict this morning following Trump’s tweet-spanking and Israel’s security minister slamming Obama’s decision to abstain at The UN as “pathetic” accusing Kerry of “trying to make chaos” that will last past his tenure.

Delivered less than a month before President Barack Obama steps down, RT notes that the speech is expected to be the last work from his administration on the decades-old conflict.

After Kerry replaced Hillary Clinton as secretary of state in 2003, he made Israeli-Palestinian peace a priority and pushed for direct negotiations. However, they didn’t last the nine months they were expected to, collapsing in April 2014 without any tangible result. In June of that year, Israel launched a 50-day military campaign in Gaza.

Commenting on the upcoming speech, Israeli Public Security Minister Gilad Erdan said it was “pathetic to present a [peace] plan at the last minute when [Kerry] hasn’t managed in changing anything for his entire time in office.”

 

“It’s unfortunate that the Obama Administration, that erred for years in the Middle East, is trying to make sure that the chaos will last far past its tenure,” Erdan said late on Tuesday night, as cited by the Jerusalem Post.

 

“Kerry’s speech on parameters right before the end of his tenure will make sure that the Palestinians won’t agree to any sort of negotiations [with Israel] in the coming years and will [put] off chances of advancing peace.”

As Trump tweeted earlier, “Stay strong Israel, January 20th is fast approaching!”

Live Feed: (Kerry is due to speak at 11amET)…

The post John Kerry To Discuss Mid-East “Peace”: Explain Aleppo Loss, Israel Shun – Live Feed appeared first on crude-oil.top.