World

West Face files claim against mortgage lender Home Capital

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West Face claim says ‘investors who purchased common shares of Home Capital to close out a short position were excluded from compensation under settlement terms’ of a class action suit Barbara Shecter Financial Post Alternative asset manager West Face Capital Inc. has formally filed a lawsuit against Home Capital Group Inc. and three former executives, seeking $70 million in damages over claims the mortgage lender’s public disclosure was “inaccurate, incomplete and misleading.” In a 17-page statement of claim filed in ... Read More »

Budding nuclear power Turkey casts a darkening shadow over Middle East

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Turkey is rapidly developing into a threat to peace and stability in the Middle East. Sol W. Sanders  The regime of President [formerly Prime Minister] Recep Tayyip Erdogan and his AKP Justice and Development Party are increasingly authoritarian. World Tribune Their effort to obtain nuclear power with its military offshoots would make it an imposing and new threat to the whole region. Behind Erdogan’s efforts, of course, is nostalgia for Turkey’s once dominant role in that part of the world. ... Read More »

Netanyahu: Palestinians must face reality over Jerusalem

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Israel’s prime minister has said Palestinians must “get to grips with” the reality that Jerusalem is Israel’s capital in order to move towards peace. BBC Benjamin Netanyahu said Jerusalem had been the capital of Israel for 3,000 years and had “never been the capital of any other people”. He spoke amid ongoing protests in the Muslim and Arab world at a US decision recognising Jerusalem as the capital. Violence flared near the US embassy in Lebanon and elsewhere on Sunday. ... Read More »

Greens single out 13 companies that paid no tax yet donated to major parties

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Richard Di Natale says Australian democracy ‘broken’ and system being propped up by Labor and Liberal parties Paul Karp The Guardian Thirteen companies that paid no tax in 2015-16 made $1.7m in political donations to the Liberal and Labor parties in that year, the Greens have complained. On Thursday the Australian tax office released fresh tax data that showed 36% of the 2,043 largest public companies and multinational entities in Australia paid no tax in 2015-16. An analysis by the Greens cross-referencing the ... Read More »

Locals threaten violence against Manus Island asylum seekers at new accommodation

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Asylum seekers on Manus Island say local people are threatening to kill them after they moved into new accommodation in the island’s town Eric Tlozek ABC The men have provided video evidence of local men — who appear to be drunk — coming to their accommodation and threatening them. In one incident, in the early hours of the morning on December 10, a group of four men approached the main gate of the West Haus accommodation compound. A video filmed ... Read More »

The Roma are yet again scapegoats for society’s ills

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Lurid claims of child sexual abuse have emerged just as they are becoming free of the grip of predatory landlords Kevin McKenna The Guardian In Govanhill, a little network of streets and avenues on Glasgow’s South Side, the besmirching of another immigrant community is in full spate. A century ago, it was the poor Irish, fleeing famine and persecution by the British government, who were being demonised. Now it’s the turn of the Roma people. Britain’s largest concentration of Roma ... Read More »

Microbes by the ton: Officials see weapons threat as North Korea gains biotech expertise

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Five months before North Korea’s first nuclear test in 2006, U.S. intelligence officials sent a report to Congress warning that secret work also was underway on a biological weapon. Joby Warrick The communist regime, which had long ago acquired the pathogens that cause smallpox and anthrax, had assembled teams of scientists but seemed to be lacking in certain technical skills, the report said. The Washington Post “Pyongyang’s resources presently include a rudimentary biotechnology infrastructure,” the report by the director of ... Read More »

The Warlock Hunt

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Moral Panics The #MeToo moment has now morphed into a moral panic that poses as much danger to women as it does to men #Metoo, of course. CLAIRE BERLINSKI  Women are not going nuts for no reason. The American Interest We’re fed up with feeling prickles down our spine as we walk alone on dimly lit streets. Fed up with thinking, “If he feels entitled to send me that message, what might he feel entitled to do to if he knew where ... Read More »

Nobel Peace Prize winner says choice is clear: ‘The end of nuclear weapons or the end of us’

Beatrice Fihn, the executive director of the International Campaign to Abolish Nuclear Weapons (ICAN) holds two paper cranes in Oslo, Saturday, Dec. 9, 2017.  ICAN, the recipient on this year’s Nobel Peace Prize, has installed 1,000 paper cranes made by children in Hiroshima, the site of the world’s first atomic bomb attack in Japan, outside the Norwegian Parliament ahead of formally receiving the prize. (AP Photo/David Keyton)

‘An impulsive tantrum, a calculated military escalation, a terrorist or cyberattack or a complete accident — we will see the use of nuclear weapons,’ Beatrice Fihn said The Associated Press David Keyton National Post OSLO — As long as atomic bombs exist, a disaster is inevitable, the head of the International Campaign to Abolish Nuclear Weapons, the winner of this year’s Nobel Peace Prize, said Saturday. “We are facing a clear choice right now: The end of nuclear weapons or ... Read More »

What life is like for asylum seekers and refugees in Northern Ireland

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Astur lives in Belfast, a city divided by long looming peace walls, one legacy of the Northern Ireland “Troubles”. Fiona Murphy Ulrike M Vieten She comes from Somalia, a country riven by conflict, war and torture and took many months to reach this place of barricades and reconciliation, of hope and gaiety – a place of enduring confusion and ongoing division. The Conversation Successive cataclysms of political authoritarianism and ethnic conflict in Somalia forced her to flee with her two ... Read More »

Don’t panic: three myths about the North Korean threat

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The US has talked itself into Kim Jong-un’s trap of exaggerating how much power his rocketry gives him Joseph S. Nye Asia Times North Korea recently tested its Hwasong-15 ballistic missile, which reached an altitude of 2,780 miles (4,475 kilometers) during its 53-minute flight. Using a flatter trajectory could provide Kim Jong-un’s regime with the capability of hitting the east coast of the United States. Although it has not yet demonstrated a re-entry vehicle capable of surviving atmospheric friction, North ... Read More »

Why we must broaden the Brexit debate

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This is the type of moment that gave rise to the cliché – every crisis is an opportunity Denis Bradley The Irish Times It is foolish for Irish politicians to patronise Ulster unionists by claiming that the union is not endangered by Brexit negotiations. Keir Starmer, Labour’s spokesman on Brexit, took an opposite position in Westminster when saying “if the price of the prime minister’s approach is the break-up of the union and the reopening of bitter divide in Northern Ireland, then ... Read More »

We don’t need NZ’s meddling

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NEW Zealand’s new Labour PM Jacinda Ardern has a hide. Miranda Devine Her repeated offers to take some of the asylum seekers now causing trouble on Manus Island is just naive virtue-signalling. Adelaide Now Ardern should know that her meddling runs the risk of putting what Indonesia calls the “sugar” back on the table for people smugglers. The last time a Labor leader did that in Australia, 1200 people drowned at sea, and we are still dealing with the backlog ... Read More »

The GCC’s worst summit

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The future of the Gulf Cooperation Council (GCC) is extremely unclear six months into the bitter Qatar crisis. Khalid Al-Jaber Giorgio Cafiero  On December 4, Kuwait hosted the GCC’s annual summit, which marked the sub-regional organisation’s lowest point in its 36-year history. AlJazeera Qatar’s Sheikh Tamim bin Hamad Al Thani attended, but absent at the summit were the Bahraini, Emirati, and Saudi heads of state. The summit fell apart within hours, underscoring theinternal damage within the GCC as a result of itsQatar rift. Looking ahead, the… The GCC’s ... Read More »

Powell to leave White House in early 2018

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Former Goldman Sachs partner Dina Powell, who joined Donald Trump’s administration last January as an adviser on women’s issues to Ivanka Trump and rose quickly to become deputy national security adviser with a heavy hand in Middle East issues, will be departing the administration early next… Annie Karni Politico “Dina Powell has been a key, trusted advisor in this administration,” press secretary Sarah Huckabee Sanders said in a statement Friday. “She has always planned to serve one year before returning ... Read More »

No Turkish President Had Gone to Greece in 65 Years. So Why Now?

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Recep Tayyip Erdogan became the first Turkish president to visit Greece in 65 years when he arrived on Thursday and met with the Greek prime minister and president Iliana Magra The New York Times He immediately affronted his hosts by raising the prospect of changes to the treaty that defines their borders. On Friday, he repeated the same comments in Thrace, in northeastern Greece, home to the country’s Muslim minority, which Turkey has long referred to as a Turkish minority. ... Read More »