12214 Gleaning ”IS” WEAPON OF MASS DESTRUCTION NOW
Islamic State terror group may have developed a nuclear device by using radioactive uranium stolen from Iraq’s Mosul University after seizing control of the city last June, according to a British media report.
Militants boasted of the device on social media, with one even commenting on the destruction such a bomb would wreak in London, four months after the chemical went missing from Mosul University, Mirror newspaper reported.
One of the extremists making online threats to the West is British explosives expert Hamayun Tariq, who fled his home in the UK for the Middle East in 2012.
Using the alias, Muslim-al-Britani, he tweeted, “O by the way, Islamic State does have a dirty bomb. We found some radioactive material from Mosul University.”
Iraq’s UN Ambassador Mohamed Ali Alhakim informed UN Secretary-General Ban Ki-moon of the theft in a letter on July 8.
He wrote: “Terrorist groups have seized control of nuclear material at the sites that came out of the control of the state.”
If the bomb does exist, militants are far more likely to use it in Syria or Iraq, rather than trying to smuggle it into a Western country, the report said.
The U.N. General Assembly overwhelmingly approved an Arab-backed resolution Tuesday calling on Israel to renounce possession of nuclear weapons and put its nuclear facilities under international oversight.
The resolution, adopted in a 161-5 vote, noted that Israel is the only Middle Eastern country that is not party to the Treaty on the Non-Proliferation of Nuclear Weapons. It called on Israel to “accede to that treaty without further delay, not to develop, produce test or otherwise acquire nuclear weapons, to renounce possession of nuclear weapons” and put its nuclear facilities under the safeguard of the U.N.’s International Atomic Energy Agency.
Al-Shabaab rebels have murdered at least 36 Kenyan quarry workers near the country’s northern border with Somalia, police have confirmed. The gunmen crossed over the border and divided the Muslim and non-Muslim workers into two groups before opening fire.
Kenyan police chief David Kimaiyo confirmed the massacre took place early on Tuesday in Mandera County.
things are not all they appear under the surface – there is enough anomalous highs vs lows and advancers vs decliners to trigger the Hindenburg Omen. Despite numerous false alarms, the last one – as Fed QE effect slowed – was a dramatic signal indeed…
Prepare to hear much more of the “retail spending slowed down because the economy is just too strong” excuses today, used most hilariously by the NRF on Sunday to explain the unprecedented 11% collapse in the 2014 4-day holiday weekend spend, when pundits “justify” why Cyber Monday sales were only the latest proof the US consumer – that 70% driver of US GDP – is being crushed day after day, pardon, basking in the warm glow of America’s centrally-planned golden age.
Here are the facts: Internet holiday shopping rose only 8.1% on Cyber Monday yesterday, usually the busiest day for Web shopping as people return to their desks after the U.S. Thanksgiving holiday weekend. This was a big miss to expectations, and is less than half then growth posted just last year, when online sales grew at 17.5%, according to IBM.
t’s good to be king (or Europe). Former European Council President Herman van Rompuy, derided for “damp rag” ineptness by UKIP’s Nigel Farage, will receive around $900,000 over the next 3 years as a “transition allowance” for doing absolutely nothing in retirement. What is even more egregious, as The Telegraph reports, Van Rompuy will pay a reduced “EU Community” tax rate, considerably lower than the Belgian income tax rate on his ill-gotten gains. As Farage exclaims, having driven millions of Europeans into poverty and unemployment during his reign, Van Rompuy “hit the jackpot.”
If all it took to push stocks to ever recorder(est) highs, granted on no volume, but recorder(est) highs nonetheless, was for correlation algos to pick a carry FX pair trade du jour which to push the Nikkei, or the Dax, or – most frequently – the S&P higher, then all equity indices would already been in scientific digit territory. And since they aren’t, it is only logical that prosperity through currency debasement can only “work” for so long.
But how long?
Well, when it comes to the primary carry pair du jour, the Dollar-Yen, the answer may be just a few hundred pips more, before it all comes unglued for Japan’s Prime Minister whose first stint in the role ended in a prophetic bout of epic diarrhea, Shinzo Abe.
In other words, the French bank not only just planted the bogey beyond which Abenomics loses control (because central planning really is, is a self-fulfilling prophecy), but is explicitly predicting precisely that.
Then again, a complete collapse in the world’s third largest economy, in lieu of a global war, may be just what the Keynesian doctor ordered – just imagine the excuses the Fed would have to resume printing then: “we don’t want to do push CTRL-P, but Japan’s economic depression simply left us no choice…”
Generations that will not even be born for decades will inherit these debts by complete accident of birth.
And the people in charge of the system have backed themselves into a corner where there is no way out other than to default– either on their creditors (creating a global financial crisis), the central bank (creating a currency crisis), or on the citizens themselves (creating an epic social crisis).
Just 15 months after Detroit’s Black Out 2013 debacle, spokespeople for the city and DTE Energy confirmed at around 11:00 a.m. local time on Tuesday that most of Detroit’s municipal grid is offline:
^^^To witness Detroit turned into a third world joke of a city in the information age is to witness corruption confirmed. The Antichrist NWO beast is well affirmed.
Congress NEVER directed that Americans pay taxes worldwide simply because they were born in the USA or had one American parent. This whole scheme was crafted by the Supreme Court who merely ruled that Congress did not exclude foreign income, so it must be included. The way this is being applied is outrageous. Americans are unable to do business outside the USA with local accounts because no bank will deal with Americans thanks to FATCA. These idiots cannot grasp that this is reversing the US economy into isolationism and is paving the road for China to take the lead. It is time to turn off the lights.
By now, every trader who watches markets every day is acutely aware of the increasing concentration of massive amounts of volume in the last second of the trading day. Here is 8 years of the last few seconds of the trading day and how ‘efficiently’ it has evolved….
Tuesday December 2 2014, 05:11:32 UTC 79 minutes ago Mindanao, Philippines. 6.5 627.0 GeoScience Australia Detail
Tuesday December 2 2014, 05:11:32 UTC 79 minutes ago Moro Gulf, Mindanao, Philippines 6.6 631.0 CSEM-EMSC Feed Detail
Tuesday December 2 2014, 04:53:56 UTC 97 minutes ago Carlsberg Ridge 5.8 100.0 CSEM-EMSC Feed Detail
Tuesday December 2 2014, 04:53:50 UTC 97 minutes ago Carlsberg Ridge. 5.8 38.0
A new analysis conducted by the German Archaeological Institute at the ancient stone quarry of Baalbek/Ancient Heliopolis, in Lebanon, has calculated the size and weight of an enormous monolith, and can now conclude that it is the largest known stone block ever carved by human hands. Located at an altitude of approximately 1,170 meters in the Beqaa valley, Baalbek is known to have been settled from at least 7,000 BC, with almost continual settlement of the Tell under the Temple of Jupiter, which was a temple since the pre-Hellenistic era. However, some researchers, such as Graham Hancock, argue that its roots go back as many as 12,000 years. During the period of Roman rule, Baalbek was known as Heliopolis (“City of the Sun”), and housed one of the largest and grandest sanctuaries in the empire.
According to Discovery News, the German archaeological team have now found a third building block next to the Hajjar al-Hibla stone and underneath it. Still partially buried, the monolith measures measures 19.6 meters (64 feet) in length, 6 meters (19.6 feet) in width, and at least 5.5 meters (18 feet) in height. Its weight has been estimated at 1,650 tons, making it the largest known stone block from antiquity.