Tuesday, May 5, 2015

Today's links

The road to the future leads us smack into the wall. We simply ricochet off the alternatives that destiny offers: a demographic explosion that triggers social chaos and spreads death, nuclear delirium and the quasi-annihilation of the species… Our survival is no more than a question of 25, 50 or perhaps 100 years.   Jacques Cousteau

Hezbollah chief further referred to the developments in Iraq, saying the US is seeking to split Iraq under the pretext of fighting the ISIL Takfiri group.
“After the IS [ISIL] seized control of Mosul and started threatening the rest of the provinces and the region, a US-led international coalition was formed to fight it. Back then we said that the US is not serious in fighting the IS [ISIL] and that it would utilize the threat of the IS [ISIL] in the region to realize its own scheme for the region. We said that the US has a scheme to fragment these regions on sectarian and ethnic basis -- Arabs, Kurds, Sunnis and Shiites,” Nasrallah added.  Seyyed Hassan Nasrallah, the secretary general of Lebanon’s Hezbollah

2--CFR says China must be defeated
3--What is the US doing in central asia
4--U.S. Firms Shoulder Rising Debt, wsj

5--Afghan talks agree on reopening Taliban political office
6---In Europe's Natural Gas Market The U.S. Cannot Compete With Russia
7--The plan to split Iraq, press tv
Nowadays, the Americans have revealed their true intentions through their attempt to bestow legitimacy on the fragmentation of Iraq, and this is what the US Congress is trying to do, he noted.
The draft of a US annual defense bill, which was released on April 27 by the House Armed Services Committee, urges the US government to recognize separate Kurdish and Sunni states and provide them with at least 25 percent of the USD-715-million aid money allegedly planned to be given to the Iraqi government to help it fight the ISIL terrorist group.
The draft bill also says the figure could even amount to 60 percent of the money, about USD 429 million.
The bill mandates that “the Kurdish Peshmerga, the Sunni tribal security forces with a national security mission, and the Iraqi Sunni National Guard be deemed a country,” adding that doing so “would allow these security forces to directly receive assistance from the United States

8--Wider Trade Deficit Damps Growth Bets ,

The dollar snapped a three-day gain after the U.S. trade deficit widened in March to the highest level in more than six years, raising doubts that the economy was gaining traction.

The data, which showed the trade gap increasing the most in 18 years, followed a report last week that indicated U.S. growth stalled in first quarter. The focus turns to April payrolls data on May 8, as the Federal Reserve weighs whether the economy is strong enough to withstand the first interest-rate increase since 2006.
“The dollar is losing ground on a string of disappointments,” Alfonso Esparza, a senior currency analyst at Oanda Corp. in Toronto, said in a telephone interview. Weaker economic data suggest the Fed will wait until after June to raise rates, and “that change in expectations is bound to hurt the dollar,” he said

Even with the decline, the dollar is up 18 percent over the past 12 months, the most among 10 major currencies tracked by Bloomberg Correlation-Weighted Currency Indexes.

‘Negative Print’

The dollar slid after the trade shortfall jumped 43.1 percent to $51.4 billion, the largest since October 2008, according to Commerce Department figures, fueled by a record surge in imports as commercial activity resumed at West Coast ports following a resolution to labor disputes. It exceeded the highest estimate of 70 economists surveyed by Bloomberg

The issue really relates to the GDP calculation and the bearing it has in terms of probability of a negative print in the first quarter,” Alan Ruskin, the global head of Group of 10 foreign exchange at Deutsche Bank AG in New York, said by phone. “It’s going to be much harder for the Fed to tighten, in particularly June or July, if we just printed a negative first-quarter GDP.”

9---TREASURIES-Prices fall again, benchmark yield nears 2-month peak

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