Daily Archives: March 8, 2016

March 8, 2016 Truth2Freedom Briefing Report (US•World•Christian)


Mar. 8, 2016


President Obama huddled Monday with top financial regulators to push for still tougher oversight of Wall Street to head off another financial crisis.

Tuesday saw the first sale of a benchmark negative-yielding covered bond, according to Bloomberg data, with German mortgage bank Berlin Hyp AG selling a $550 million deal at a yield of minus 0.162 percent. That’s just the latest addition to the world’s $7 trillion-strong pile of negative-yielding debt. It wasn’t unexpected, given that the market has already seen a covered bond sold with a negative coupon, and many previously issued covered bonds are also trading below zero percent.

Pacific Investment Management Co. says investors should move out of government securities and into corporate credit because the U.S. will avoid a recession.

Treasuries gained with Japanese bonds, whose 10-year yields extended their push below zero, as stock-market declines drove demand for the relative safety of sovereign debt.

The U.S. Treasury Department has reaffirmed that it’s not imposing sanctions on the Russian company that makes rocket engines used to launch U.S. national-security satellites, providing the latest twist in a two-year dispute.

The U.S. Supreme Court turned away appeals from three financial-services companies that sought to save a total of $1.5 billion by using a tax-avoidance strategy designed by Barclays Plc.

The death sentence of Iranian billionaire Babak Zanjani can be commuted if he cooperates by returning the $2.7 billion he was convicted of embezzling, Justice Minister Mostafa Pour Mohammadi said.

Using the Tithe.ly app iIt takes fewer than five taps, and built-in geolocation means you can contribute at any of the 1,000 churches that subscribe-a feature that’s especially useful around holidays like Easter, when many people travel. Tithe.ly lets worshipers set up automatic recurring payments.

The first widespread ransomware attack on Apple Inc. computers is drawing attention to a growing and lucrative corner of the hacking underworld where attackers encrypt and hold data hostage until they are paid to unlock the information. An estimated 6,500 Macs were infected with malicious software designed to make files inaccessible to owners of desktops and laptops, according to the Transmission Project, a file-sharing software provider.

AP Top Stories

Iran conducted multiple ballistic missile tests Tuesday in what it said was a display of “deterrent power,” defying US sanctions imposed earlier this year aimed at disrupting its missile program.

The Russian foreign ministry on Monday condemned as “totally unacceptable” North Korea’s threats to launch pre-emptive nuclear strikes against South Korea and the United States, and appealed to all sides to show restraint.

A 15-year-old girl was fighting for her life in a New Delhi hospital Tuesday after being raped and set on fire on the rooftop terrace of her family’s home in a village outside the city, police said.

China’s foreign minister took a hard line Tuesday on the country’s claims to virtually all the South China Sea, saying it won’t permit other nations to infringe on what it considers its sovereign rights in the strategically vital area.

A former missionary from Oklahoma convicted of sexually abusing children at an orphanage in Kenya was sentenced Monday to 40 years in a federal prison.

An American air strike on a Shebab training camp in Somalia killed more than 150 fighters planning an imminent attack on forces from the United States and its regional allies.

Gold edged towards a 13-month high on Tuesday, supported by a weaker dollar and lower European shares after Chinese trade data fuelled concerns about the state of global demand.


Iran has launched several ballistic missiles from silos across the country as part of a military exercise, state media say, defying US pressure. The Revolutionary Guards said the tests demonstrated the country’s “deterrent power” and “ability to confront any threat”.

Venezuelan air force troops have been searching for the bodies of 28 gold miners who are reported to have been killed by a criminal gang in a remote jungle area.

The kidnapped son of a Pakistani governor assassinated in 2011 has been found alive, just over a week after his father’s killer was hanged.

Israel’s prime minister has rejected a White House claim that it was surprised by his decision to turn down the offer of talks with President Obama.

At least 12 people are reported to have been killed in an air strike on an opposition-held town in northern Syria.

Two Iranian refugees who were transferred to Cambodia under a A$55m deal with Australia have returned to Iran voluntarily. Just two of the five refugees transferred by Australia to the Southeast Asian country now remain. Australia has promised to give Cambodia A$40m in aid and A$15m in resettlement costs to take in its rejected refugees. This will be paid regardless of the number of people who settle there.


Muslim migrants wreaking havoc across Austria turned their sights on the capital over the weekend: One man was hospitalized by a “Shariah patrol” in Vienna while gangs of Afghans and Chechens battled in other parts of the city.

The Obama administration is taking steps to make buying health insurance more transparent by rating plans based on the number of doctors and hospitals offered in each network.

A Christian business analyst was booted from a flight from the United Kingdom to Amsterdam when his seatmate, reading on the man’s smartphone as he typed messages, apparently saw the word “prayer” and reported him to authorities as a possible security threat.

Top News – 3/8/2016

Report: Obama to Enlist Anti-Israel UN in Last-Ditch Effort for Middle East Peace
Obama plans to make one more desperate bid for peace between Israel and the Palestinians by way of an international body known to be hostile to Israel – the United Nations (UN).According to a report from the Wall Street Journal (WSJ), Obama’s last-ditch effort to revive Israeli-Palestinian peace negotiations is likely to include a UN Security Council resolution which would set a framework for a viable deal.

White House surprised as Netanyahu cancels U.S. visit
Netanyahu was expected to be in the United States to attend the annual conference of the American Israel Public Affairs Committee. Monday the White House announced the one-on-one was canceled. Netanyahu will address the conference by satellite, a source told CNN, saying he chose not to visit the United States during the bitter 2016 presidential election campaign.

China says it won’t budge on South China Sea sovereignty
China’s foreign minister took a hard line Tuesday on the country’s claims to virtually all the South China Sea, saying Beijing won’t permit other nations to infringe on what it considers its sovereign rights in the strategically vital area, APA reports quoting Associated Press.

Obama’s Lobbing Yet Another ‘Peace Plan’ at Israel
This one, the White House threatens, may involve a United Nations Security Council Resolution that will impose a solution, rather than the Israelis and the Palestinian Arabs working out the details of how they will co-exist “side by side in peace and security.”

The World Is Getting Worse, But This Time America Won’t Save It
The United States is led by a president whose primary foe seems to be the prime minister of Israel, even though the prime minister’s country happens to be the freest, most moral and most pro-American country in the Middle East. The commander of the U.S. Pacific Command recently told Congress “that China is clearly militarizing the South China Sea,” in order to gain “hegemony in East Asia.”

Iran Revolutionary Guards conduct ballistic missile test
Iran’s Islamic Revolutionary Guards Corps (IRGC) test-fired several ballistic missiles from silos across the country on Tuesday, state television said, defying recent U.S. sanctions on its missile program.

6.2 magnitude earthquake strikes southwest of Samoa
A 6.2 magnitude earthquake has struck off the Samoa islands, Geoscience Australia and the US Geological Survey (USGS) reported, adding that the epicenter of the quake is about 200km from Apia, the capital and largest city of the island country.

Ex-Guantanamo prisoners suspected of rejoining militants increases: U.S.
The number of former Guantanamo Bay prison inmates who are suspected of having returned to fighting for militants doubled to 12 in the six months through January, the Obama administration said on Monday. The increase could fuel Republican attacks on Democratic President Barack Obama’s plan to close the U.S. military prison in Cuba…

Iran Revolutionary Guards conduct ballistic missile test
Iran’s Islamic Revolutionary Guards Corps (IRGC) test-fired several ballistic missiles from silos across the country on Tuesday, state television said, defying recent U.S. sanctions on its missile program. The test happened two months after the United States sanctioned businesses and individuals linked to Iran’s missile program over a test of the medium-range Emad missile carried out in October 2015.

Biden coming to Israel to discuss US military aid
US Vice President Joe Biden will land in Israel on Tuesday afternoon, six years after his last visit. Biden’s main objective for the visit is working to convince Prime Minister Benjamin Netanyahu to sign a new Memorandum of Understanding between Israel and the United States, which will ensure Washington’s continued security aid to Jerusalem for the next 10 years.

Migrant crisis: EU and Turkey plan one-in, one-out deal
The EU and Turkey say they have agreed the broad principles of a plan to ease the migration crisis. Under the plan discussed in Brussels, all migrants arriving in Greece from Turkey would be returned. For each Syrian sent back, a Syrian already in Turkey would be resettled in the EU. Turkey would also get extra funding and progress on EU integration.

Report: Obama considering peace push, including UN Security Council resolution
US President Barack Obama intends to renew his efforts to revive Israeli-Palestinian peace talks during the remainder of his term in office… The plans for a new peace push, reported as US Vice President Joe Biden was set to visit Israel on Tuesday, could possibly include a UN Security Council resolution that would provide a framework for a deal between Israel and the Palestinians, according to the report.

Bloomberg decides against third-party bid for White House
Former New York City Mayor Michael Bloomberg said Monday that he will not run for president, citing a concern that his independent bid would hand the White House to Donald Trump or Ted Cruz.

U.S. airstrike kills more than 150 at Somalia terrorist camp, military says
The United States launched a series of airstrikes on an al-Shabab training camp in Somalia Saturday, killing more than 150 militants and averting what a Pentagon official described as an “imminent threat” posed by the group to both U.S. and African Union troops stationed in the war-torn country.

Air strike hits Syrian market, opposition says truce must be respected
A Syrian or Russian air strike was reported to have killed at least 19 people and possibly many more at a market in northwestern Syria on Monday, straining a cessation of hostilities agreement meant to pave the way for peace talks.

Oberlin trustees fire back at school, crackpot prof
Trustees and alumni at a presitigious Ohio college are turning up the heat on the school administration, which has so far taken no action against a nutty professor who believes Jews were behind 9/11 and the Charlie Hebdo terror attack in France.

Israel’s Netanyahu declines offer to meet with Obama: White House
Israeli Prime Minister Benjamin Netanyahu has declined an offer to meet President Barack Obama at the White House later this month and canceled his trip to Washington, the White House said on Monday, citing Israeli news reports.

Sexual Assaults Soar At Swedish Swimming Pools After Refugee Influx
Young male asylum seekers have turned Sweden’s public swimming pools into ordeals of rape and sexual assault.

Top Headlines – 3/8/2016

Report: Obama considering UN resolution on peace process

Palestinian president urges int’l support against Israeli violations

Indonesian president calls on Islamic states to unite for ‘Palestine’

An Israeli leader wants to put Jerusalem’s Arabs on the other side of new walls

Most Israelis believe a divided capital is already a foregone conclusion

Biden coming to Israel to discuss US military aid

Israel’s Netanyahu declines offer to meet with Obama: White House

White House ‘surprised’ to learn Netanyahu turned down meeting

Abdullah: ‘Israeli violations on Temple Mount dangerously increased lately’

Palestinian Leader Abbas Accuses Israel of ‘Judaizing’ Jerusalem on Day Israel Announces 2,500-Year-Old Jewish Artifact Found in… Jerusalem

Gaza marvels at new Samson

Israel slams UN report blaming it for domestic abuse of Palestinian women

Nefesh B’Nefesh: New York Jews’ interest in aliya this year ‘highest ever’

Jews fear as neo-Nazis gain support in Europe

Sayyed Nasrallah: “Israel, allied Arab regimes will fall all together”

Balad, Hadash condemn Gulf labeling of Hezbollah as ‘terror group’

Report: Egypt imposes entrance ban on Hezbollah’s leaders following Gulf’s declaration

Tunisia: 53 dead in clashes near Libyan border

Tunisian Clash Spreads Fear That Libyan War Is Spilling Over

More than 5.6 mln people affected by hunger, malnutrition in African areas due to Boko Haram violence

At least 17 killed, including 2 children, in Pakistan suicide attack

U.S. airstrike kills more than 150 at Somalia terrorist camp, military says

Putin, Sisi agree about need to fight terrorists in Libya, Yemen – Kremlin

Executions in Saudi Arabia reach ‘frightening’ rate as 70th prisoner in 2016 is killed

Report: ISIS gunmen stage mutiny, kill local commander in de facto capital

UK police: Islamic State seeking ‘spectacular attacks’ on West

Biden Says U.S. Will Wipe Out The Evil That Is Islamic State

Air strike hits Syrian market, opposition says truce must be respected

‘Game changer’: How EU may shut Turkish door on migrants

Migrant crisis: EU and Turkey hold ‘difficult’ summit

EU welcomes bold Turkey plan to stop migrants, defers decision

Turkey seizes control of another news agency close to pro-opposition cleric Gulen

Russia warns Sweden it will face military action if it joins Nato

U.S. slaps export curbs on China’s ZTE over alleged Iran scheme

China says “blind faith” in North Korea sanctions irresponsible

US State Department: US takes North Korea nuclear threats seriously

In drills, US, South Korea practice striking North’s nuclear plants

White House to reveal death toll of US drone strikes for first time

Record 61 million immigrants in U.S., 15.7 million illegally

NM ranchers outraged by lack of security at border

Ohio lost 112,500 jobs due to trade with TPP countries

Ohio voters, leaning to Donald Trump on GOP side, can be anything but predictable: Thomas Suddes

Cleveland seeking to buy riot gear for Republican National Convention

Foreign diplomats voicing alarm to U.S. officials about Trump

Mexico’s President Says Donald Trump Sounds Like Hitler and Mussolini

NY judge dismisses attempt to block Canada-born Cruz from state’s ballot

Soros Tops Individual Donors as $100 million floods Presidential Super PAC

Senators again request State Department staffer testify about Clinton server setup

Justice Department asks judge to revisit NY iPhone case

Taking Baby Steps Toward Software That Reasons Like Humans

Genetic Test Firm to Put Customers’ Data in Public Domain

A strange hum is haunting residents of a Canadian city

Total Solar Eclipse Will End the Day Before It Begins

Rise of Fracking Wastewater Injections in Ohio Sparks Fears of Earthquakes, Water Contamination

No, ‘Carbon monoxide explosion’ doesn’t mean earthquake is coming

5.8 magnitude earthquake hits near Hihifo, Tonga

5.0 magnitude earthquake hits near Tobelo, Indonesia

Ruiz volcano in Colombia erupts to 20,000ft

Tungurahua volcano in Ecuador erupts to 20,000ft

Reventador volcano in Ecuador erupts to 18,000ft

Colima volcano in Mexico erupts to 17,000ft

Copahue volcano in Argentina erupts to 12,000ft

Collegiate spring breakers shrug off the Zika virus

RuPaul still reigns supreme as ‘Drag Race’ hits 100 episodes

Sweden’s pro-incest youth wing of the Liberal People’s Party suggests giving men right to ‘legal abortions’

China bans images of gay people on TV

Trio suspected of killing friend in satanic ritual to turn him into vampire

The Briefing 

1) SCOTUS sends clear pro-abortion signal by temporarily blocking Louisiana abortion law

Supreme Court Temporarily Blocks Louisiana Abortion Law, Wall Street Journal (Jess Bravin)

2) Single women now most powerful political force driving progressive agenda

The Single American Woman, New York Magazine (Rebecca Traister)

3) Blue cities, red states: worldview and living environment often go hand in hand

Blue cities, red states, Los Angeles Times (Harold Meyerson)

In other news…

Jerry Bridges’ Pursuit of Holiness Has Come to an End Christianity Today (Kate Shellnutt)

What Does It Mean to Be Evangelical Today?, NY Times

Ray Tomlinson, who sent the first e-mail, has died, The Economist

U.S. Strikes Kill 150 Shabab Fighters in Somalia, Officials Say, New York Times (Helene Cooper)

With womb transplants a reality, transgender women dare to dream of pregnancies, STAT News (Kayana Szymczak)

The Return of the D.I.Y. Abortion, New York Times (Seth Stephens-Davidowitz)

Utah Senate votes to require anesthesia for fetus during abortion, Salt Lake Tribune (Lee Davidson)

ZeroHedge Frontrunning: March 08

  • Global Stocks Drop on Renewed Concerns About China (Read More)
  • Iron Ore’s Rally Stalls as Goldman to Citigroup Forecast Retreat (Read More)
  • EU and Turkey close to groundbreaking migrant deal (Read More)
  • Carney’s `Brexit’ Stance Under Fire as BOE Accused of Bias (Read More)
  • Oil edges lower after Kuwait dents hopes for output freeze (Read More)
  • OECD Leading Indicators Point to Slowing Global Growth (Read More)
  • Treasuries Rally as Japan Yields Extend Record Low on Safety Bid (Read More)
  • Germany’s Sch??uble Sees No Need For Immediate Decision on Greece Payments (Read More)
  • Justin Trudeau: The Canadian Coming for Dinner (Read More)
  • The Problem With the World’s Most Obvious Trade (Read More)
  • Millennials Spending Power Has Hilton Weighing a ‘Hostel-Like’ Brand (Read More)
  • Sharapova fails drug test, Nike suspends ties (Read More)
  • U.S. Restricts Sales to ZTE, Saying It Breached Sanctions (Read More)
  • Americans Really Don’t Like Immigration, New Survey Finds (Read More)
  • Shake Shack Drops as Slowing Growth Threatens Brand Cachet (Read More)
  • German Industrial Production Surges by Most Since 2009 (Read More)

The Collapse Of Italy’s Banks Threatens To Plunge The European Financial System Into Chaos

Italy Flag Map - Public DomainThe Italian banking system is a “leaning tower” that truly could completely collapse at literally any moment.  And as Italy’s banks begin to go down like dominoes, it is going to set off financial panic all over Europe unlike anything we have ever seen before.  I wrote about the troubles in Italy back in January, but since that time the crisis has escalated.  At this point, Italian banking stocks have declined a whopping 28 percent since the beginning of 2016, and when you look at some of the biggest Italian banks the numbers become even more frightening.  On Monday, shares of Monte dei Paschi were down 4.7 percent, and they have now plummeted 56 percent since the start of the year.  Shares of Carige were down 8 percent, and they have now plunged a total of 58 percent since the start of the year.  This is what a financial crisis looks like, and just like we are seeing in South America, the problems in Italy appear to be significantly accelerating.
(


March 7, 2016
CLIFF KINCAID — Donald J. Trump has been pouring tens of thousands of dollars into the coffers of the American Conservative Union (ACU), the sponsor of the Conservative Political Action Conference (CPAC). But the financial bribes went for nothing, as Trump cancelled his CPAC speech last Saturday amid reports that hundreds of conservatives were preparing to turn their backs and walk out on the billionaire businessman’s remarks… (more)

March 7, 2016
ALAN KEYESGreatness – like change – is an alluring word that promises everything, and nothing at all. Therefore, both are among the demagogue’s favorite buzzwords. Without knowing what’s involved, many people get taken in by them. To avoid this, we must raise the simple question that encourages people to think things through. This column attempts to do so… (more)

March 7, 2016
J. MATT BARBER — What would happen if Donald Trump sat down with the Creator of the universe in a SoHo bistro? The following statements attributed to Mr. Trump are not fabricated. The man truly uttered them. Those attributed to God are likewise genuine. With whom do you agree? Lattes are poured and chairs scooted. The discussion begins…. (more)

March 7, 2016
NBC NEWS — Nancy Reagan, one of the most high-profile and influential first ladies of the 20th century, has died. She was 94. The cause of death was congestive heart failure, according to her rep Joanne Drake, a spokeswoman with the Reagan Library…. (more)

March 7, 2016
NEWSMAX — Texas Sen. Ted Cruz says reporters are telling him they have scandalous stories on Donald Trump, but are sitting on them until he becomes the GOP presidential nominee…. (more)

March 7, 2016
NEWSMAX — Donald Trump and Ted Cruz got a split decision from Republican voters in four states Saturday that didn’t dramatically change the the nomination race but did expose unrest among party conservatives who want an alternative to the celebrity real estate mogul as their presidential nominee… (more)

March 6, 2016
RED STATE — The Louisiana state GOP announced the current estimated delegate breakdown: Ted Cruz and Donald Trump both get 18, Marco Rubio gets 5. How is this possible, when Trump got more votes? Well, the popular vote count statewide was effectively a two-man race, as only Trump and Cruz got above 20%…. (more)

March 6, 2016

March 6, 2016
YOUTUBE — View full speech…. (more)

March 6, 2016